Inheritance Tax: Cohabiting Siblings - Question

Part of the debate – in the House of Lords at 12:19 pm on 10th February 2021.

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Photo of Lord Tunnicliffe Lord Tunnicliffe Opposition Deputy Chief Whip (Lords), Shadow Spokesperson (Defence), Shadow Spokesperson (Treasury), Shadow Minister (Transport) 12:19 pm, 10th February 2021

My Lords, in the run-up to the Spring Budget, surely the Treasury should be grappling with questions such as the one raised by the noble Lord, Lord Lexden. However, many people across the UK are concerned not about the intricacies of inheritance tax but about rising council tax bills and the potential for Covid-19 economic support to be withdrawn in just seven weeks’ time. Is the Minister able to offer any reassurance to those who are struggling to make ends meet?