§ Mr. GryllsTo ask the Chancellor of the Exchequer what would be the cost to the Exchequer of increasing the present business relief on inheritance tax from 50 per cent. and 30 per cent. to 100 per cent.(a) if the increased relief included agricultural property and (b) if the increased relief excluded agricultural property.
§ Mr. MaudeThe full-year costs of increasing these inheritance tax reliefs are estimated to be: £40 million if relief for business and agricultural property is increased to 100 per cent.; and £15 million if relief for business property only is increased to 100 per cent.