David Morris – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by David Morris on 2016-03-15.

To ask Mr Chancellor of the Exchequer, whether he has made an assessment of the effect of taxation on Heritage Maintenance Funds for historic homes across the UK; and if he will make a statement.

Mr David Gauke

The Government recognises the value of Heritage Maintenance Funds and the importance of the issues raised by the Historic Houses Association, including the cultural and economic contribution historic homes provide. That is why Heritage Maintenance Funds are specifically exempt from inheritance tax.