To ask the Chancellor of the Exchequer what estimate he has made of the full-year cost to the Exchequer for (a) 2009-10, (b) 2010-11 and (c) 2011-12 of raising the inheritance tax threshold to £1 million. (251188)

The cost of increasing the inheritance tax threshold to £1 million with effect from April 2009 is estimated at £500 million in 2009-10, £1.2 billion in 2010-11 and £1.3 billion in 2011-12.