§ Mr. Boris JohnsonTo ask the Chancellor of the Exchequer (1) what estimate he has made of the number of households likely to be affected by the Inland Revenue's proposed tax on pre-owned assets; [159014]
(2) what research his Department has commissioned on the effect of the proposed tax on pre-owned assets on elderly individuals who have gifted their house to their relatives. [159015]
§ Dawn PrimaroloFollowing consultation, proposals to tackle tax avoidance using trusts were set out in the Budget 2004 (paragraphs 5.87 to 5.90).