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Dormant Accounts

Volume 401: debated on Tuesday 18 March 2003

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To ask the Chancellor of the Exchequer when the Inland Revenue next intends to calculate the total amount held in dormant bank accounts. [102938]

The Inland Revenue has no plans to undertake an exercise to estimate the total amount held on deposit in dormant bank accounts.

To ask the Chancellor of the Exchequer what method was employed by the Inland Revenue in its 1997 study to calculate the total amount held in dormant bank accounts. [102939]

The Inland Revenue conducted a desk review of publicly available information.