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Inheritance Tax: Housing

Volume 503: debated on Monday 11 January 2010

To ask the Chancellor of the Exchequer what the gross increase in cash terms in revenue from inheritance tax was consequent on the adjustment of inheritance tax valuations following a challenge by the Valuation Office Agency in the latest year for which figures are available. (308684)

The gross increase in cash terms in revenue from inheritance tax as a result of challenges by the Valuation Office Agency for 2008-09 amounts to approximately £96 million.