
1 
This Order may be cited as the Inheritance Tax (Indexation) Order 1987.
2 
The amounts which, unless Parliament otherwise determines, shall be treated by virtue of section 8 of the Inheritance Tax Act 1984 as specified in the Table in Schedule 1 to that Act in relation to chargeable transfers on or after 6th April 1987 are as follows—

Portion of value   Rate of Tax
Lower Limit Upper Limit Per cent.
£ £
      0  74,000 Nil
 74,000  99,000 30
 99,000 134,000 35
134,000 171,000 40
171,000 214,000 45
214,000 267,000 50
267,000 329,000 55
329,000 — 60
Tim Sainsbury
Michael Neubert
Two of the Lords Commissioners of Her Majesty`s Treasury
17th March 1987