HC Deb 21 December 1971 vol 828 cc293-4W
82. Mr. Cormack

asked the Chancellor of the Exchequer whether he will seek to exempt from estate duty historic buildings used as dwelling houses so long as they remain in the possession of the family of the deceased.

Mr. Patrick Jenkin

I do not think that tax relief for the cost of insuring privately owned works of art could be justified.