HC Deb 08 June 1995 vol 261 c266W
Mr. Matthew Banks

To ask the Chancellor of the Exchequer what plans he has to raise the limit below which delivery of an inheritance tax account is not required for administering a deceased person's estate. [27983]

Sir George Young

The Inland Revenue has today laid regulations increasing the limit from £125,000 to £145,000. The increased limit will come into operation on 1 July 1995 for estates of persons dying on or after 6 April 1995. It will simplify the administration of some 7,500 estates.

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