Inheritance Tax

Treasury written question – answered on 19th March 2019.

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Photo of Peter Dowd Peter Dowd Shadow Chief Secretary to the Treasury

To ask the Chancellor of the Exchequer, what estimate his Department has made of (a) the number of beneficiaries of the main residence nil rate band of Inheritance Tax exemption in 2018, (b) where those beneficiaries are located and (c) what is the average income of those beneficiaries was.

Photo of Mel Stride Mel Stride Financial Secretary to the Treasury and Paymaster General

An error has been identified in the written answer given on 25 February 2019.

The correct answer should have been:

I refer the Hon. Member to the answer that I gave on 6 March 26 February 2018 to the Hon. Member for Leeds West for the number of beneficiaries of the main residence nil rate band.

Estimates of the location and average income of beneficiaries of the main residence nil rate band in 2018 are not readily available and could only be provided at a disproportionate cost.

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Photo of Mel Stride Mel Stride Financial Secretary to the Treasury and Paymaster General

I refer the Hon. Member to the answer that I gave on 6 March 26 February 2018 to the Hon. Member for Leeds West for the number of beneficiaries of the main residence nil rate band.

Estimates of the location and average income of beneficiaries of the main residence nil rate band in 2018 are not readily available and could only be provided at a disproportionate cost.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.