Council Tax
Debate between Lord Bellingham and Baroness Taylor of Stevenage(1 month ago)
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Baroness Taylor of Stevenage (Lab)
I can only reiterate my earlier statement: there are no current plans to reform council tax.
Lord Bellingham (Con)
My Lords, I declare my interests as in the register. Further to the noble Viscount’s question, the Minister might be aware that nearly a year ago at the Oxford Farming Conference, Steve Reed said, “Let me assure you that Labour will not alter the IHT treatment for agricultural land. We recognise that such a move would be damaging to the farming sector”. Does the Minister agree with what he said then?
Baroness Taylor of Stevenage (Lab)
Again, that is quite a stretch from council tax. We constantly hear calls from the other side that they do not like the steps we had to take to fill the £22 billion black hole they left. Public services are crumbling, including in local government. I have heard lots of suggestions from that side about what we should not be doing; what I have not heard is what they think we should be doing to fill the £22 billion black hole. I have looked very closely at the issues around inheritance tax. An individual can still pass up to £1.5 million, including personal allowances, and a couple can pass up to £3 million tax free. We have concern for how the farmers are feeling, but some steps had to be taken to fill that black hole. This Government have done so. We need to stabilise the foundations of the economy and fix our crumbling public services.