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 Davies of Oldham Lord Davies of Oldham Shadow Spokesperson (Treasury) 11:14 am, 21st March 2019

My Lords, I agree with a great deal of what the Minister has said. It is right that the Treasury should be concerned about the protection of inheritance tax. After all, avoidance of inheritance tax is basically a middle-class pastime in this country; any lawyer is likely to recommend that people should think about setting up a trust fund to avoid the consequences of certain aspects of the tax. We all have sympathy for the original Question and problem, but it is now, properly, with the Treasury, and I am glad that the Minister is taking the position that he is.