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Legislation
Inheritance Tax Act 1984

CHAPTER III ALLOCATION OF EXEMPTIONS

  • Section 36 Preliminary.
  • Section 37 Abatement of gifts.
  • Section 38 Attribution of value to specific gifts.
  • Section 39 Attribution of value to residuary gifts.
  • Section 39A Operation of sections 38 and 39 in cases of business or agricultural relief.
  • Section 40 Gifts made separately out of different funds.
  • Section 41 Burden of tax.
  • Section 42 Supplementary.
  1. Chapter III · ALLOCATION OF EXEMPTIONS
  2. Attribution of value to residuary gifts.

Section 39 | Attribution of value to residuary gifts.

From legislation.gov.uk

Such part only of the value transferred shall be attributed to gifts of residue or shares in residue as is not attributed under section 38 above to specific gifts.

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