§ Mr. Gordon PrenticeTo ask the Chancellor of the Exchequer if he will extend beyond seven years the period within which gifts between individuals are free of inheritance tax. [22238]
§ Dawn PrimaroloThe Chancellor of the Exchequer keeps under review all aspects of the tax system to ensure that it continues to meet the Government's objectives.
§ Mr. Gordon PrenticeTo ask the Chancellor of the Exchequer how many works of art, on which there is conditional exemption of inheritance tax by virtue of public access, are on the Inland Revenue's register; and what was the figure in 1992. [22237]
§ Dawn PrimaroloIn December 1997 there were 19,716 items listed on the Register of conditionally exempt works of art and other objects and the estimated figure for December 1992 is about 8,500.