| Heading: |
Inheritance Tax: Tax Thresholds |
| Question ID: |
1785914 |
| UIN: |
39280 |
| House: |
Commons |
| Date tabled: |
2025-03-18 |
| Asking Member ID: |
5157 |
| Asking Member display name: |
Susan Murray
|
| Asking Member handle: |
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| Asking Member Twitter reference: |
Susan Murray
|
| Member interest: |
false |
| Question text: |
To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of threshold for the payment of Inheritance Tax on families with assets worth over £1 million. |
| Is named day: |
false |
| Date of holding answer: |
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| Date answered: |
2025-03-25 |
| Date answer corrected: |
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| Is holding answer: |
false |
| Is correcting answer: |
false |
| Answering Member ID: |
4797 |
| Answering Member display name: |
James Murray
|
| Answering Member handle: |
jamesmurray_ldn
|
| Answering Member Twitter reference: |
@jamesmurray_ldn
|
| Correcting Member ID: |
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| Correcting Member display name: |
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| Correcting Member handle: |
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| Correcting Member Twitter reference: |
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| Answer text: |
Inheritance tax is a wealth transfer tax charged on the estate (the property, money, and possessions) of someone who has died. In the latest available tax year (2021-22), 4.39% of all UK deaths were liable to inheritance tax. The tax liability is on the e... |
| Original answer text: |
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| Comparable answer text: |
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| Answering body ID: |
14 |
| Answering body name: |
Treasury |
| Tweeted: |
true |