Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimate she has made of the administrative cost of collecting Inheritance Tax as a proportion of total revenue.
The figure for the cost of collecting Inheritance Tax (pence per pound collected) for 2024/25 is 0.78. This means as a proportion of total Inheritance Tax revenue, the administrative cost of collecting Inheritance Tax was 0.78% in that year.