Schedule 15 - Charge to income tax on benefits received by former owner of property
Finance Bill
6:30 pm
Mr Howard Flight (Shadow Chief Secretary To the Treasury, Economic Affairs; Arundel and South Downs, Conservative)
Government amendment No. 147 is about post-death variations. Amendment No. 61 is designed to deal with a concern regarding disclaimers, and to make it clear that they are brought into line with deeds of variation and distributions from discretionary will trusts. Although there is an overlap, Government amendment No. 147 does not address the specific point that we have raised. I would welcome the Paymaster General's comments on that.