§ Mr. Matthew TaylorTo ask the Chancellor of the Exchequer (1) what estimate he has made of the proportion of estates that benefited from exemption of capital gains unrealised at death in the last year for which figures are available; and what the(a) average and (b) median benefit was; [146262]
(2) what estimate he has made of the proportion of estates that benefited from exemption of capital gains unrealised at death; and what the (a) average and (b) median benefit was in each of the last three years. [146154]
§ Dawn Primarolo[holding answer 22 January 2001]The latest available information for 1998–99 to 2000–01 is as follows:
1998–99 1999–2000 2000–01 Proportion of estates with net CGT liability in absence of exemption for capital gains accrued but unrealized at death (Percentage) 8 9 9 Estates with net CGT liability Average net CGT liability (£) 20,600 21,900 21,500 Median net CGT liability (£) 6,700 7,070 7,010