Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment she had made of the potential impact of inheritance tax through secondary transfer charges on beneficiaries of estates relating to compensation from the infected blood scheme.
The suffering endured by all those impacted by infected blood is profound, and we remain committed to ensuring that justice is not only delivered but reflected in the way compensation is treated.
We recognise that this is a sensitive issue. We are considering whether further steps are needed in relation to IHT relief. However, it is important that we take the time to consider all aspects thoroughly to ensure any solution is both fair and effective.