The Inheritance Tax (Delivery of Accounts) (Northern Ireland) Regulations 1987
The Principal Regulations (S.I. 1981/1441, as amended by S.I. 1983/1911) dispensed with the need to deliver an account for the purposes of capital transfer tax where (subject to specified exceptions) the value of a deceased’s estate did not exceed £40,000 and where the deceased died on or after 1st April 1983. These Regulations increase that limit to £70,000 in respect of deaths on or after 1st April 1987. These Regulations also provide that up to £10,000 of value in respect of property situated outside the United Kingdom may be included in the £70,000 limit without losing “excepted estate” status.