HC Deb 20 January 1959 vol 598 c13W
Mr. Stevens

asked the Chancellor of the Exchequer whether he will make a statement about the Estate Duty concession for owner-occupied houses, under which in certain circumstances duty is not charged on the increase in the market value above the pre-war value in so far as that increase could only be realised by a sale with vacant possession.

Mr. Amory

Yes. The war-time conditions which this concession was designed to meet no longer obtain and in current circumstances there are very seldom grounds for its application. It will accordingly not apply in the case of any death occurring after today.