Inheritance Tax (Works of Art)

HC Deb 18 February 1998 vol 306 c684W

Mr. Fallon

To ask the Chancellor of the Exchequer how much revenue he estimates would be raised in(a) 1998–99 and (b) 1999–2000 from the abolition of the conditional exemption from inheritance tax for works of art. [26194]

Dawn Primarolo

The amount of conditional relief granted for works of art, and other chattels, fluctuates significantly from year to year.