Historic Buildings: Repairs and Maintenance:Written question - 8700

Q
(Mid Sussex)
[N]
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Named Day

'Named day' questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.

Asked on: 05 September 2017
HM Treasury
Historic Buildings: Repairs and Maintenance
Commons
To ask Mr Chancellor of the Exchequer, what assessment he has made of the effectiveness of Heritage Maintenance Funds; and if he will make a statement.
A
Answered by: Mel Stride
Answered on: 11 September 2017

The Government recognises the cultural and economic contribution historic homes make right across the UK. Heritage Maintenance Funds play an important role in keeping historic homes in the best possible condition and making them accessible for the general public. That is why assets placed in Heritage Maintenance Funds continue to receive a complete exemption from inheritance tax.

The Treasury regularly monitors all reliefs and exemptions, including Heritage Maintenance Funds, to ensure they continue to be appropriate and affordable.

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