§ Mr. Laurence RobertsonTo ask the Chancellor of the Exchequer what plans he has to change the rules regarding the setting-up of discretionary trusts; and if he will make a statement. [168048]
§ Dawn PrimaroloSetting up discretionary trusts is a matter for the would-be settlers. If they proceed, however, they may in due course have to notify the Inland Revenue for inheritance tax purposes and to pay any tax due. We have no plans to change these rules.