Sibling Couples - Question

Part of the debate – in the House of Lords at 11:14 am on 21st March 2019.

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Photo of Lord Bates Lord Bates The Minister of State, Department for International Development 11:14 am, 21st March 2019

I am happy to do that. The standard response of all Treasury Ministers is to say that government policy in this area of tax is constantly under review. That has a particular meaning at the moment, because the Office of Tax Simplification is undertaking a review of inheritance tax. The issue of siblings will be within the scope of that. It is due to report in the spring, and we will take its findings seriously, but our position is clear—that this reflects an impact on a very small number of estates for which, with careful tax planning, much of the liability can be mitigated.