Estate Duty

HC Deb 16 November 1971 vol 826 cc80-1W

44. Mr. Cormack

asked the Chancellor of the Exchequer whether he will seek powers to exempt charitable bequests from estate duty.

Mr. Patrick Jenkin

I have noted my hon. Friend's suggestion.

45. Mr. Cormack

asked the Chancellor of the Exchequer what were the total receipts from estate duty during 1969–70 and 1970–71.

Mr. Patrick Jenkin

The net receipts were £365 million and £357 million respectively.