Estate Duty and Capital Transfer Tax

HC Deb 28 June 1979 vol 969 cc312-3W

Mr. Dodsworth

asked the Chancellor of the Exchequer if any further objects have been accepted in lieu of estate duty or capital transfer tax.

Mr. Peter Rees

Yes. A collection of Goya etchings and lithographs has been accepted in lieu of estate duty. They have been allocated, for display, to the British Museum.

The total cost borne by the National Land Fund after allowing for relief from estate duty and capital gains tax is £185,000.