[175A Discharge of liabilities after death]
Inheritance Tax Act 1984 (1984 c 51) | Legislation

[175A  Discharge of liabilities after death]

[(1)     In determining the value of a person's estate immediately before death, a liability may be taken into account to the extent that—

(a)     it is discharged on or after death, out of the estate or from excluded property owned by the person immediately before death, in money or money's worth, and

(b)     it is not otherwise prevented, under any provision of this Act, from being taken into account.

(2)     Where the whole or any part of a liability is not discharged in accordance with paragraph (a) of subsection (1), the liability or (as the case may be) the part may only be taken into account for the purpose mentioned in that subsection to the extent that—

(a)     there

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