Vol. 511 No. 6
232 Mr. R. Bruton asked the Minister for Finance the exemption limit for estates liable for probate tax for a person dying in 1999-2000; and the upper limit on a person's income in the previous year to be deemed a dependent child or a dependent relative residing in the house and qualifying for an exemption. [24882/99]
The threshold for exemption of estates from probate tax is currently £11,250. The income limit for a successor to an estate, who is a dependent child or relative of the deceased, to qualify for exemption from probate tax is £4,848 in the 1998-99 tax year to apply in the current year. The exemption applies only to that part of the estate composed of the dwelling house and furniture.
