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Proceeding contribution from Baroness Primarolo (Labour) in the House of Commons on Monday, 24 April 2006. It occurred during Debate on bill on Finance (No 2) Bill.

Finance (No. 2) Bill

As the hon. Gentleman will know, inheritance tax is paid only on death, so the idea that it is retrospective—that we are going back to people who have already died—is clearly preposterous. The Bill is clear in terms of the protection that it offers. I put it to him again: why does he believe that £800,000 or more should be sheltered from inheritance tax?

Secondary information

Type
Proceeding contribution
Reference
445 c437 
Session
2005-06
Chamber / Committee
House of Commons chamber
Subjects
Alcoholic drinks Charities Capital gains tax Aviation Corporation tax Computers Cars Climate change levy Fraud Families ICT Environment protection Gambling Income tax Film Exemptions Excise duties Exhaust emissions Landfill tax Inheritance tax Fiscal policy Investment trusts Economic situation Motor vehicles Oil Pensions Personal pensions Olympic Games Life insurance Passengers Pension funds PAYE Paralympic Games Small businesses Tax allowances Tax avoidance Taxation VAT Research Trusts Tobacco Dividend tax credits Stamp duties Tax rates and bands Skilled workers Wills Tax evasion Tax yields Productivity Stamp duty land tax Tax thresholds Real estate investment trusts
Legislation
Finance (No. 2) Bill 2005-06
Link
View this Proceeding contribution on www.publications.parliament.uk