Capital Acquisitions Tax Consolidation Act 2003 (Number 1 of 2003)
92 Business relief.
[FA 1994 s126]
Where the whole or part of the taxable value of any taxable gift or taxable inheritance is attributable to the value of any relevant business property, the whole or that part of the taxable value is, subject to the other provisions of this Chapter, treated as being reduced by 90 per cent.