§ Mr. Gordon BrownTo ask the Chancellor of the Exchequer if he will give the number of estates valued at(a) £0.5 million to £1.0 million and (b) over £1 million which were inherited free of inheritance tax in each year between 1978–79 and 1987–88 with projection for 1988–89.
§ Mr. Norman Lamont[holding answer 27 June 1988]: Comprehensive information is available only for years to 1985–86 and refers to numbers of estates where the net assets of the estate were within the requested ranges. These were as follows:
£0.5 million to £1.0 million Over £1 million 1978–79 23 11 1979–80 32 7 1980–81 53 18 1981–82 54 13 1982–83 61 18 1983–84 155 31 1984–85 143 32 1985–86 152 53