Inheritance Tax
Debate between Peter Gibson and Robert Syms(4 months, 1 week ago)
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Peter Gibson
I completely agree with my right hon. Friend. We know that when we reduce a tax, the effect has the potential to cascade throughout families—and throughout the country, because not all beneficiaries of estates necessarily live in the constituency where the house that is left behind is situated.
I will conclude on that point. Will the Minister respond specifically to my point about the equalisation of rates for all individuals?
Sir Robert Syms (in the Chair)
Thank you for the short speech. If we stick to about five minutes each, I think that we will get everybody in.