HC Deb 13 November 1997 vol 300 c623W
Mr. John Cryer

To ask the Chancellor of the Exchequer if he will estimate the additional annual revenue which would accrue to the Treasury if the inheritance tax threshold was returned to the former rate of £150,000. [14704]

Dawn Primarolo

The full-year effect in 1997–98 of lowering the inheritance tax threshold from £215,000 to £150,00 is estimated to be an increase of £575 million in inheritance tax liability.

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