§ Mr. Nicholas Brown
To ask the Chancellor of the Exchequer for the latest year for which information is available what was the number of estates valued at(a) over £140,000, (b) £200,000, (c) over £300.000 and (d) over £500,000 in (i) Great Britain and (ii) Northern Ireland.
§ Mr. Maude
The numbers of estates passing on death in 1991–92 for which grants of representation will be sought are estimated to be:
Net estate value Number over £140,000 35,000 over £200,000 20,000 over £300,000 9,500 over £500,000 3,500
Of the 35,000 estates over £140,000, it is estimated that about 22,000 will pay inheritance tax. Separate estimates are not available for Great Britain and Northern Ireland.