§ Mr. Meacherasked the Chancellor of the Exchequer what he estimates to be the amount of estate duty forgone, for each of the last 10 years, on life assurance premiums paid by employers for employees and their wives and children.
§ Mr. Patrick JenkinThe proceeds of such assurances may be chargeable to estate duty in certain circumstances. I cannot give an estimate of the additional duty that would have been payable if they had been chargeable in all cases.
§ Mr. Meacherasked the Chancellor of the Exchequer what estimates he has made of the annual loss in estate duty on policies of life assurance written on trust under the Married Women's Property Act, 1882; and where the premiums are paid in circumstances enabling the settlor to take advantage of the normal expenditure exemption under Section 37 of the Finance Act, 1968.
§ Mr. Patrick JenkinNo estimate is available.