§ Mr. Shersby
To ask the Chancellor of the Exchequer if he will make an estimate of the cost to public funds of extending 50 per cent. property relief to all unquoted company shareholdings.
§ Mr. Norman Lamont
[holding answer 28 October 1987]: The cost of extending the 50 per cent. inheritance tax business relief to all unquoted company share holdings is estimated at £1 million-£2 million in the full year.