Inheritance Tax Act 1984 section 151BA

Rate or rates of charge under section 151B

Section 151BA previously set out the rate or rates at which inheritance tax was charged under section 151B in relation to certain pension scheme provisions, but has been removed from the legislation for deaths on or after 6 April 2011.

• Section 151BA dealt with the rate or rates of inheritance tax applicable to charges arising under section 151B concerning pension schemes.
• The section was introduced by Finance Act 2007 as part of a package of provisions relating to the taxation of pension scheme benefits on death.
• Section 151BA was repealed by Finance Act 2011 with effect for deaths occurring on or after 6 April 2011.
• For deaths before 6 April 2011, the original provisions of section 151BA would still have applied to determine the applicable rate of charge.