Appointed days in respect of amendments to Schedule 24 to the Finance Act 20073.
(1)
The appointed day for the coming into force of paragraphs 3(3) to 3(7), 4 and 8 of Schedule 20 is 1st April 2016.
(2)
The amendments to Schedule 24 to the Finance Act 2007 (penalties for errors)3 made by the above paragraphs have effect in relation to documents given to HMRC relating to—
(a)
a transfer of value made on or after that date for the purposes of inheritance tax; and
(b)
a tax year4 commencing on or after 6th April 2016 for the purposes of income tax and capital gains tax.