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Written question asked by Lord Campbell-Savours (Labour) on Tuesday, 24 February 2015, in the House of Lords. It was due for an answer on Tuesday, 10 March 2015. It was answered by Lord Deighton (Conservative) on Thursday, 12 March 2015 on behalf of the Treasury.


Inheritance Tax

Question

To ask Her Majesty’s Government what estimate they have made of the cost of raising the inheritance tax threshold to £500,000.

Answer

HM Revenue and Customs publishes various illustrative tax changes on tax revenues in 2014 to 2015, 2015 to 2016 and 2016 to 2017, and estimates of the cost of tax reliefs for 2012 to 2013 and 2013 to 2014.

This information has been deposited in the Library of the House.


Secondary information

Type
Written question
Reference
HL5195
Session
2014-15
Related items
Deposited Paper DEP2015-0330
Thursday, 12 March 2015
Deposited papers
House of Lords
Grouped for answer
Yes
Subjects
Inheritance tax Tax thresholds
Contains statistics
Yes
Link
View this Written question on www.parliament.uk