Written Question·Treasury·UIN 3433
Inheritance Tax
Tabled: 30 August 2024
Answered: 9 September 2024
Question
Alex Mayer
Labour — Dunstable and Leighton Buzzard
To ask the Chancellor of the Exchequer, if her Department will make an (a) estimate of the potential costs and (b) assessment of the potential merits of extending inheritance tax relief to long-term cohabiting and co-dependent siblings.
Answer
James MurrayThere is a longstanding inheritance tax exemption for transfers between spouses and civil partners to reflect the formal legal obligations that marriage and civil partnerships involve. As with all taxes, reforms to inheritance tax, such as the potential e...
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