Clause 8
Finance Bill
11:45 am
David Gauke (Shadow Minister, Treasury; South West Hertfordshire, Conservative)
Of course, we are not discussing an either/or case. The inheritance tax policy was wise, as was the raising of the threshold. The policy responded to the legitimate concerns of a large number of people. It was to be fully funded by introducing a levy on non-domicile people within the United Kingdom. I do not regard the matter as an either/or approach. As for the 10p rate, we will all hear a statement about it later today, and we have called on the Government to reopen the Budget. We shall learn this afternoon precisely what they propose to do.