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Inheritance Tax

Volume 205: debated on Monday 16 March 1992

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To ask the Secretary of State for Scotland if any works of art accepted in lieu of inheritance tax have been allocated since he last made an announcement.

My right hon. Friend the Minister for the Arts announced on 26 April 1991 that the following items had been accepted in lieu of inheritance tax.

ItemsAmount of tax satisfied
Portrait of Thomas Lamb by Allan Ramsay; two paintings and two volumes of drawings by Alexander Runciman£196,000
I am pleased to announce that I have decided to allocate these items to the national galleries of Scotland.