§ Lord Rowallanasked Her Majesty's Government:
How much revenue they have received from inheritance tax in each year since 1990 and what is the cost of collecting it.
§ Lord McIntosh of HaringeyNet receipts of inheritance tax together with the costs of collection for each financial year since 1990 are given below:
Net receipts1£ million Cost of collection2£ million 1990–91 1,262 28.0 1991–92 1,299 26.9 1992–93 1,211 26.2 1993–94 1,333 25.3 1994–95 1,411 36.4 1995–96 1,518 37.9 1996–97 1,558 31.9 1Includes residual receipts from capital transfer tax and estate duty. 2Includes the cost of work done by the Shares Valuation Division of the Capital Taxes Office for other Inland Revenue purposes.