Death Duties (Hansard, 6 June 1980)

HC Deb 06 June 1980 vol 985 c851W 851W

§ Mr. Ralph Howell
asked the Chancellor of the Exchequer what is the total amount of revenue raised by death duties; and if he will also show this as a percentage of the total revenue.

§ Mr. Peter Rees
The net receipts from estate duty and capital transfer tax charged on death in 1979–80 are shown below together with the percentage of the total revenue they constitute.

1979–80

Estate duty and CTT (death) £408.4 million

Percentage of total revenue^* 0.65

^*Total revenue is taken to be the aggregate of total central government taxation and national insurance contributions.

	1979–80
Estate duty and CTT (death)	£408.4 million
Percentage of total revenue^*	0.65
^*Total revenue is taken to be the aggregate of total central government taxation and national insurance contributions.