Commons Sense

House of Commons · Public Bill Committee

- Sitting 4

09 June 2020

Proposed by Unknown

Summarised by AI from the official record, so it can contain mistakes.

At a glance

Key points

  • The statement discusses amendments to clauses in the Inheritance and Trustees' Powers Act.
  • Amendments address property excluded from inheritance tax and priority on insolvency.
  • Liability of company directors and HMRC administration are also covered in the amendments.

Issue summary

The statement discusses amendments to clauses in the Inheritance and Trustees' Powers Act regarding property excluded from inheritance tax, priority on insolvency, liability of company directors, and HMRC administration.

Action requested

No specific action is requested; the statement provides an analysis of proposed legislative changes without proposing new policies or programmes.

Key facts

  • Amendments to clauses 72, 95-96, 97, and 100-101 are discussed.
  • The Chartered Institute of Taxation is referenced as a source for the analysis.
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