Lord Bishop of Chester
Main Page: Lord Bishop of Chester (Bishops - Bishops)(9 years, 2 months ago)
Lords ChamberMy Lords, there was no appetite from Parliament to do that when the Marriage (Same Sex Couples) Act was considered. A review of the Civil Partnership Act was carried out in 2014, which included questions on abolishing the civil partnerships for same-sex marriage and opening up civil partnerships for opposite-sex couples. There were 10,000 respondents to that review, and fewer than one-third supported the abolition of civil partnerships, while three-quarters of them opposed opening up civil partnerships to opposite-sex couples.
My Lords, can the Minister confirm what I think I heard her say—that the change in the inheritance arrangements for married people and civil partners, which will enable an exemption from inheritance tax, actually applies to siblings as well? That is not how I understood the changes to apply.
My Lords, perhaps I did not explain it properly, but there is an exemption of £325,000, which a spouse may pass on to their surviving partner when they die. That can then be passed down to their children or grandchildren, and there is an additional tax-free exemption of £175,000 on the main property, which can also be passed over in the same way.