[8D Extra nil-rate band on death if interest in home goes to descendants etc]
Inheritance Tax Act 1984 (1984 c 51) | Legislation

[8D  Extra nil-rate band on death if interest in home goes to descendants etc]

[(1)     Subsections (2) and (3) apply for the purpose of calculating the amount of the charge to tax under section 4 on a person's death if the person dies on or after 6 April 2017.

(2)     If the person's residence nil-rate amount is greater than nil, the portion of VT that does not exceed the person's residence nil-rate amount is charged at the rate of 0%.

(3)     References in section 7(1) to the value transferred by the chargeable transfer under section 4 on the person's death are to be read as references to the remainder (if any) of VT.

(4)     The person's residence nil-rate amount is calculated in accordance with sections 8E to

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