TaxPersonal TaxBlair dismisses calls for Queen to pay IHT

Blair dismisses calls for Queen to pay IHT

Prime minister Tony Blair has brushed aside left-wing calls to overturn the 1993 agreement with Tory predecessor John Major, exempting the Queen from paying Inheritance Tax, on 'monarch to monarch' bequests.

The demand was put by Bolsover Labour MP Dennis Skinner during prime minister’s question time, when he pressed Blair to get chancellor Gordon Brown to change the arrangement ‘that exempted certain people from having to pay Inheritance Tax‘.

He urged: “Will he bring the royal family into the net in Jubilee year?”

Blair said he was sure the chancellor had heard what Skinner had said, but responded: ‘I do not think he will have any comment at this stage.’

The exchanged followed the disclosure that the Queen has exercised the royal perogative to prevent publication of the Queen mother’s will.

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