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Inheritance Tax Motion, 13/07/15 [S]

Motion lodged before the Scottish Parliament on 13 July 2015 by John Mason (SNP) on Inheritance Tax.

The full text of the motion reads:

That the Parliament notes the Chancellorís decision to increase the inheritance tax threshold from £325,000 to £500,000 per person; understands that this means homes worth up to £1 million will be able to be passed down to children free of tax; considers inheritance tax to be an important method of redistributing wealth from the richest to the poorest and therefore makes society less unequal; notes the view that this decision is particularly inappropriate at a time of welfare and other budget cuts, and believes that the latest UK Government Budget should be deplored for increasing the gap between rich and poor.

For full details see the Scottish Parliament Business Bulletin 13 July 2015 which is available from the Scottish Parliament website.

Further Information

Scottish Parliament Business Bulletin 13 July 2015