Inheritance Tax - 13 Jul 2006

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Martin Linton asked the Chief Secreatary to the Treasury if he will assess the merits of linking inheritance tax thresholds to median house prices in each council area. Speaking for the government, Stephen Timms replied that he thought that this idea would be "very difficult and complex to administer, and I think that it would also be unfair". Martin Linton went on to describe the situation of one of his consituents whose daughter faces a bill of over £100,000 when she inherits her mother's house. Stephen Timms remained unconvinced.

Read the full debate on TheyWorkForYou

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This page contains a single entry by Dave Cross published on July 14, 2006 1:01 PM.

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