Introduction Summary
1.This section amends the inheritance tax (IHT) legislation to provide that the estates of: emergency service personnel, armed forces personnel and humanitarian aid workers who die as a result of responding to an emergency; and police constables and armed service personnel who die as a result of being attacked due to their status, will be exempt from IHT.
2.It also provides that this exemption will include any additional IHT due on death for lifetime transfers and potentially exempt transfers. The amendments made by this section have effect in relation to deaths occurring on or after 19 March 2014.