Question follow-through · 39280

Inheritance Tax: Tax Thresholds

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of threshold for the payment of Inheritance Tax on families with assets worth over £1 million.

answeredTreasury

About this written question

A written question asks a government minister for information in writing. Parliament publishes the question and any answer.

Answering body
Treasury
Tabled
18 Mar 2025
Target answer date
20 Mar 2025
Answer
25 Mar 2025 · 7 calendar days after tabling

Elapsed calendar days describe the record timeline, not whether Parliament considers an answer on time.

More questions by this MP on Economy and business

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Recorded timeline

  1. 18 Mar 2025

    Question tabled

    To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of threshold for the payment of Inheritance Tax on families with assets worth over £1 million.

  2. 20 Mar 2025

    Target answer date

    Date supplied by the official written-questions record.

  3. 25 Mar 2025

    Answer published

    Inheritance tax is a wealth transfer tax charged on the estate (the property, money, and possessions) of someone who has died. In the latest available tax year (2021-22), 4.39% of all UK deaths were liable to inheritance tax. The tax liability is on the e...

Open official record

Official data retrieved 28 Sept 2026.

Later records

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