Agricultural Property Relief and Business Property Relief Debate
Full Debate: Read Full DebateLord Watts
Main Page: Lord Watts (Labour - Life peer)Department Debates - View all Lord Watts's debates with the HM Treasury
(2 days, 13 hours ago)
Lords Chamber
Lord Livermore (Lab)
I do not have that data to hand, but I am more than happy to write to the noble Lord.
My Lords, if there is now a shortfall in resources for the Government, can the Minister look at trust funds? These are the major weapon used by very rich people to avoid tax on inheritance.
Lord Livermore (Lab)
It is right that everybody pays their fair share towards the public services and that the tax system is based on fairness. I am confident that we have announced measures in the previous two Budgets to make sure that the tax system is fairer.