HL Deb 05 March 1985 vol 460 c1304WA
The Marquess of Ailesbury

asked Her Majesty's Government:

What are the current rates of death duty (or equivalent) in Spain and in Gibraltar.

The Earl of Gowrie

The information requested is given below:

Spain

Spain has an inheritance tax, which is levied on the share of each heir in the deceased's estate. The scales of rates vary with the relationship of the heir to the deceased. The current scales are:

Rates %
Slice of net taxable inheritance (persetas) Scale 1 Scale 2 Scale 3 Scale 4 Scale 5 Scale 6 Scale 7
1–10,000 3 5 23 28 40 42 58
10,001–25,000 4 7 25 30 42 45 60
25,001–50,000 6 9 27 32 44 48 62
50,001–100,000 7 10 30 35 47 51 64
100,001–250,000 8 11 33 36 49 54 66
250,001–500,000 9 12 36 41 52 57 68
500,001–1,000,000 10 13 40 44 55 60 70
1,000,001–3,000,000 12 14 44 48 58 63 73
3,000,001–10,000,000 13 15 47 50 60 66 76
10,000,001–25,000,000 20.95 25.3 54.61 57.76 66.94 72.48 81.3
25,000,001–50,000,000 23.64 28.8 56.88 59.98 69.04 74.5 83.2
50,000,001–100,000,000 26.29 32.24 59.11 62.16 71.1 75.64 85.06
over 100,000,000 28.9 35.62 61.3 64.3 73.96 76.76 86.88

In brief the scales apply to inheritances by the following:

Scale 1Spouses, descendants, of the deceased

Scale 2Ancestors.

Scale 3Ancestors of the spouse.

Scale 4Brothers and sisters.

Scale 5Uncles, aunts, nephews, nieces.

Scale 6First cousins.

Scale 7Other persons.

Gibraltar

The rates of estate duty are as follows:

Where the net taxable estate is Rate %
Up to £10,000 Nil
£10,001–£20,000 5
£20,001–£30,000 10
£30,001–£50,000 15
£50,001–£100,000 20
over £100,000 25