HC Deb 04 December 1991 vol 200 c160W
Mr. Nicholas Brown

To ask the Chancellor of the Exchequer what would be the 1991–92 full-year revenue gain if the inheritance tax seven-year rule were not in existence in(a) Great Britain and (b) Northern Ireland.

Mr. Maude

I regret that this information is not available.

Mr. Tom Clarke

To ask the Chancellor of the Exchequer what would be the cost in a full year, in 1991–92, of an increase in the inheritance tax threshold from £140,000 to(a) £200,000, (b) £300,000 and (c) £500,000 in Great Britain and Northern Ireland.

Mr. Maude

The estimated costs in a full year at 1991–92 levels of an increase in the inheritance tax threshold are:

Threshold Revenue cost £ million
£200,000 400
£300,000 700
£500,000 950

Separate estimates are not available for Great Britain and for Northern Ireland.

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