
1 
This Order may be cited as the Inheritance Tax (Indexation) Order 1991.
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 Actin relation to chargeable transfers on or after 6th April 1991 are as follows—

TABLE OF RATES OF TAX
Portion of value Rate of tax
Lower Limit Upper Limit Per cent.
£ £
0 140,000 NIL
140,000 — 40
Gregory Knight
Nicholas Baker
Two of the Lords Commissioners of Her Majesty’s Treasury
19th March 1991