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1719102

registered interest
date	17/05/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Inheritance Tax
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of 16 May 2024 to Question 25195 on Inheritance Tax, for what reason he has not provided the requested data for the number of people waiting for (a) one to two, (b) two to three, (c) three to four, (d) four to five, (e) five to six and (e) more than six months since submitting their IHT400 form to receive the unique code from HMRC as of 8 May 2024.
tabling member constituency	Islington South and Finsbury
tabling member printed	Emily Thornberry
uin	26862
answer	answer is ministerial correction date of answer 22/05/2024 answer text <p>HMRC's service level agreement is to process 80% of Inheritance Tax forms within 15 working days. From January to April 2024, their data shows they met or exceeded this target, with most people receiving their codes within the 15-day timeframe. However, HMRC does not provide specifics on longer wait times beyond 15 working days, such as how many people waited 1-2 months or more after submitting forms. While most individuals received codes on time during this period, the exact breakdown for longer waits is not publicly available.</p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston question first answered 22/05/2024 13:51:10 answering member 4407 label Biography information for Nigel Huddleston
tabling member	1536 label Biography information for Emily Thornberry

1716418

registered interest
date	08/05/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Inheritance Tax
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what the average waiting time was for individuals submitting an IHT400 form to HMRC between 1 January to 30 April 2024 to receive a unique code to enable them to apply for probate; and how many individuals have waited for (a) one to two, (b) two to three, (c) three to four, (d) four to five, (e) five to six and (e) more than six months since submitting their IHT400 form to receive the unique code from HMRC as of 8 May 2024.
tabling member constituency	Islington South and Finsbury
tabling member printed	Emily Thornberry
uin	25195
answer	answer is ministerial correction date of answer 16/05/2024 answer text <p>HMRC prioritises requests for IHT reference numbers and the follow up IHT400 forms submitted to set up an IHT account. Between 1 January and 30 April 2024 HMRC have exceeded its service standard for issuing unique codes for Probate cases where the correct tax amount has been accounted for. The service standard is to process 80% of these requests within 15 working days.</p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston question first answered 16/05/2024 12:43:18 answering member 4407 label Biography information for Nigel Huddleston
tabling member	1536 label Biography information for Emily Thornberry

1689444

registered interest
date	16/02/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Inheritance Tax
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of increasing the inheritance tax threshold to £1 million.
tabling member constituency	Rother Valley
tabling member printed	Alexander Stafford
uin	14343
answer	answer is ministerial correction date of answer 23/02/2024 answer text <p>The estates of all individuals benefit from a £325,000 nil-rate band for inheritance tax. The targeted residence nil-rate band is a further £175,000 and is available to those passing on a qualifying residence on death to their direct descendants, such as children or grandchildren. This means qualifying estates, including those belonging to individuals who were divorced, can pass on up to £500,000 because of the combined nil-rate band and residence nil-rate band.</p><p> </p><p>The qualifying estate of a surviving spouse or civil partner can pass on up to £1 million without an inheritance tax liability because any unused nil-rate band or residence nil-rate band is transferable between spouses and civil partners. Any unused nil-rate band or residence nil-rate band is not transferable between other individuals. However, the rules for all individuals mean that two divorced individuals can still pass on up to £500,000 each, and so up to a £1 million in total, without an inheritance tax liability because of the nil-rate band and residence nil-rate band.</p><p> </p><p>The Government keeps all taxes under review, including inheritance tax.</p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston grouped question UIN 14344 14345 14346 question first answered 23/02/2024 09:00:28 answering member 4407 label Biography information for Nigel Huddleston
tabling member	4866 label Biography information for Alexander Stafford

1689445

registered interest
date	16/02/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Inheritance Tax
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of incorporating the residence nil rate band into inheritance tax.
tabling member constituency	Rother Valley
tabling member printed	Alexander Stafford
uin	14344
answer	answer is ministerial correction date of answer 23/02/2024 answer text <p>The estates of all individuals benefit from a £325,000 nil-rate band for inheritance tax. The targeted residence nil-rate band is a further £175,000 and is available to those passing on a qualifying residence on death to their direct descendants, such as children or grandchildren. This means qualifying estates, including those belonging to individuals who were divorced, can pass on up to £500,000 because of the combined nil-rate band and residence nil-rate band.</p><p> </p><p>The qualifying estate of a surviving spouse or civil partner can pass on up to £1 million without an inheritance tax liability because any unused nil-rate band or residence nil-rate band is transferable between spouses and civil partners. Any unused nil-rate band or residence nil-rate band is not transferable between other individuals. However, the rules for all individuals mean that two divorced individuals can still pass on up to £500,000 each, and so up to a £1 million in total, without an inheritance tax liability because of the nil-rate band and residence nil-rate band.</p><p> </p><p>The Government keeps all taxes under review, including inheritance tax.</p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston grouped question UIN 14343 14345 14346 question first answered 23/02/2024 09:00:28 answering member 4407 label Biography information for Nigel Huddleston
tabling member	4866 label Biography information for Alexander Stafford

1689446

registered interest
date	16/02/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Inheritance Tax
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will make it his policy to incorporate the residence nil rate band into inheritance tax.
tabling member constituency	Rother Valley
tabling member printed	Alexander Stafford
uin	14345
answer	answer is ministerial correction date of answer 23/02/2024 answer text <p>The estates of all individuals benefit from a £325,000 nil-rate band for inheritance tax. The targeted residence nil-rate band is a further £175,000 and is available to those passing on a qualifying residence on death to their direct descendants, such as children or grandchildren. This means qualifying estates, including those belonging to individuals who were divorced, can pass on up to £500,000 because of the combined nil-rate band and residence nil-rate band.</p><p> </p><p>The qualifying estate of a surviving spouse or civil partner can pass on up to £1 million without an inheritance tax liability because any unused nil-rate band or residence nil-rate band is transferable between spouses and civil partners. Any unused nil-rate band or residence nil-rate band is not transferable between other individuals. However, the rules for all individuals mean that two divorced individuals can still pass on up to £500,000 each, and so up to a £1 million in total, without an inheritance tax liability because of the nil-rate band and residence nil-rate band.</p><p> </p><p>The Government keeps all taxes under review, including inheritance tax.</p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston grouped question UIN 14343 14344 14346 question first answered 23/02/2024 09:00:28 answering member 4407 label Biography information for Nigel Huddleston
tabling member	4866 label Biography information for Alexander Stafford

1672304

registered interest
date	22/11/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Inheritance Tax
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of abolishing inheritance tax.
tabling member constituency	Romford
tabling member printed	Andrew Rosindell
uin	3155
answer	answer is ministerial correction date of answer 27/11/2023 answer text <p>The Autumn Statement 2023 focused on cutting National Insurance to ensure people keep more of what they earn, but the Government keeps all taxes under review.</p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston question first answered 27/11/2023 16:15:04 answering member 4407 label Biography information for Nigel Huddleston
tabling member	1447 label Biography information for Andrew Rosindell

1656907

registered interest
date	01/09/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Inheritance Tax
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of 11 July 2023 to Question 192344 on Inheritance Tax, what steps his Department is taking to ensure inheritance tax applications are processed within the 15 working day turnaround target.
tabling member constituency	East Renfrewshire
tabling member printed	Kirsten Oswald
uin	196575
answer	answer is ministerial correction date of answer 11/09/2023 answer text <p>HMRC recognises the impact on customers of not processing these applications within 15 working days and they will continue to prioritise them.</p><p> </p><p>As indicated in the response to Question 192344, the performance target for clearing these forms is 15 working days and during 2022/23 this performance standard was reached consistently, with the exception of one month.</p> answering member constituency Louth and Horncastle answering member printed Victoria Atkins question first answered 11/09/2023 13:26:06 answering member 4399 label Biography information for Victoria Atkins
tabling member	4413 label Biography information for Kirsten Oswald

1653936

registered interest
date	18/07/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Inheritance Tax
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he plans to alter his policies on inheritance tax; and if he will make a statement.
tabling member constituency	Warrington North
tabling member printed	Charlotte Nichols
uin	194901
answer	answer is ministerial correction date of answer 25/07/2023 answer text <p>The Government keeps all taxes under review.</p> answering member constituency Louth and Horncastle answering member printed Victoria Atkins question first answered 25/07/2023 14:50:08 answering member 4399 label Biography information for Victoria Atkins
tabling member	4799 label Biography information for Charlotte Nichols

1649931

registered interest
date	04/07/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Inheritance Tax
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment he has made of the time taken for inheritance tax applications to be processed.
tabling member constituency	East Renfrewshire
tabling member printed	Kirsten Oswald
uin	192344
answer	answer is ministerial correction date of answer 11/07/2023 answer text <p>HMRC regularly monitors and assesses the processing times for inheritance tax and all other tax applications as part of its business operation, enabling the department to address any bottlenecks or delays and to improve performance, which may include reallocating resources. Through these measures, HMRC aims to enhance efficiency and deliver against its agreed service standard of 80 per cent with 15 working days.</p><p> </p><p>Throughout 2022-2023 the 15 working day turnaround numbers for Inheritance Tax has been consistently above 80 per cent.</p><p> </p><p>HMRC publishes monthly and quarterly performance data on GOV.UK</p><p> </p><p>https://www.gov.uk/government/collections/hmrc-monthly-performance-reports</p><p> </p><p>https://www.gov.uk/government/collections/hmrc-quarterly-performance-updates</p><p><strong> </strong></p> answering member constituency Louth and Horncastle answering member printed Victoria Atkins question first answered 11/07/2023 15:53:06 answering member 4399 label Biography information for Victoria Atkins
tabling member	4413 label Biography information for Kirsten Oswald

1649932

registered interest
date	04/07/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Inheritance Tax
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many applications were made for inheritance tax in the last five years.
tabling member constituency	East Renfrewshire
tabling member printed	Kirsten Oswald
uin	192345
answer	answer is ministerial correction date of answer 12/07/2023 answer text <p>The personal representatives of a deceased’s estate must submit an IHT400 account to HMRC, unless the estate qualifies as ‘excepted’. In that case, they used to have to submit the shorter IHT205 form (C1 and C5 forms in Scotland). Following reporting requirement changes, these shorter forms are no longer required for deaths occurring after 1 January 2022.</p><p> </p><p>HMRC publishes data on the number of such forms submitted for deaths occurring in a particular tax year. The most recent tax year for which complete data is held is 2019-2020, and is available in Table 12.3 of the Inheritance tax statistics here: <a href="https://www.gov.uk/government/statistics/inheritance-tax-statistics-table-123-estates-notified-to-hmrc-numbers-and-tax-due" target="_blank">https://www.gov.uk/government/statistics/inheritance-tax-statistics-table-123-estates-notified-to-hmrc-numbers-and-tax-due</a>.</p><p> </p><p>Data for 2020-2021 will be published on 26<sup>th</sup> July.</p><p> </p> answering member constituency Louth and Horncastle answering member printed Victoria Atkins question first answered 12/07/2023 06:50:52 answering member 4399 label Biography information for Victoria Atkins
tabling member	4413 label Biography information for Kirsten Oswald