Inheritance Tax Act 1984 section 206

Gifts to political parties

Section 206 originally dealt with provisions relating to gifts made to political parties for inheritance tax purposes, but was repealed for transfers of value made after 14 March 1988.

• Section 206 previously provided rules concerning gifts to political parties within the inheritance tax framework.
• The section was repealed by Finance Act 1988 section 148 and Schedule 14 Part X.
• The repeal applies to all transfers of value made after 14 March 1988.
• The exemption for gifts to political parties is now found in section 24 of the Inheritance Tax Act 1984, which provides a separate and continuing relief for qualifying political donations.