Angela Rayner

Angela Rayner

Labour — Ashton-under-Lyne

Speaking in the House of Commons on 20 November 2024

Debate

Engagements

Contribution

The hon. Gentleman talks about the facts, and I absolutely stand by the figures that the Government have set out. The vast majority of estate owners will be totally unaffected. The hon. Gentleman wants to talk about the figures. I will be crystal clear: the vast majority of estate owners will see no change and pay no tax on land passed on that is valued at £1 million. Couples can pass on £3 million tax-free, and those above the threshold will pay only half the normal rate and can pay it over 10 years interest-free.

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