Written Question·Treasury·UIN 80742
Inheritance Tax: Tax Allowances
Tabled: 10 October 2025
Answered: 16 October 2025
Question
Harriet Cross
Conservative — Gordon and Buchan
To ask the Chancellor of the Exchequer, whether her Department has undertaken modelling on the potential impact of a lifetime cap on gifts for inheritance tax on (a) businesses and (b) individuals.
Answer
Dan TomlinsonThere is no lifetime cap on gifts for inheritance tax purposes. Information on the rules is available at www.gov.uk/inheritance-tax/gifts. The Chancellor of the Exchequer makes tax policy decisions at fiscal events and the Government does not comment on s...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 80742) →