Finance Act, 1996
Amendment of section 126 (business relief) of Finance Act, 1994. |
125.—(1) Section 126 (inserted by the Finance Act, 1995 ) of the Finance Act, 1994 , is hereby amended by the substitution of “75 per cent.” for “50 per cent.”. | |
(2) This section shall have effect in relation to gifts or inheritances taken on or after the 23rd day of January, 1996. |