SCHEDULES

SCHEDULE 15Inheritance tax: increased nil-rate band

4

In section 8F(4) (list of other relevant sections)—

a

before the entry for section 8H insert— “ section 8FD (which applies instead of this section where there is entitlement to a downsizing addition), ”, and

b

in the entry for section 8H, after “ “qualifying residential interest”” insert “, “ qualifying former residential interest ” and “residential property interest” ”.