Inheritance Tax Relief: Kindertransport Debate
Full Debate: Read Full DebateJesse Norman
Main Page: Jesse Norman (Conservative - Hereford and South Herefordshire)Department Debates - View all Jesse Norman's debates with the HM Treasury
(5 years, 2 months ago)
Written StatementsThe Government are proud to continue to support victims of Nazi persecution. Earlier this year, the German Government set up a compensation scheme for Jewish individuals who were transported from Germany on the Kindertransport. Under the previous rules, these payments would be treated as part of the individual’s estate and liable to inheritance tax. The Government will legislate in Finance Bill 2019-20 so that compensation payments made as part of this scheme will not be subject to inheritance tax considerations.
[HCWS1634]