Can we expect cuts to IHT? Andrew Goodall reports the latest speculation and announcements on tax proposals from the major political parties.
Inheritance tax must be improved if it is to be retained the Institute for Fiscal Studies said in a report published days after The Sunday Times said Rishi Sunak was considering cutting IHT before the general election with a view to its possible abolition.
The move is just one of the ‘crowd-pleasing policy changes in the mix’ for the Conservative Party conference set to begin on 1 October the newspaper said on 24 September. The prime minister is considering cutting IHT ‘before eventually abolishing it entirely’ and he would frame the policy as an ‘aspirational offer to voters’ it added. Three unnamed sources ‘confirmed that there is a live discussion at the highest level of government’ about IHT reform.
‘Number 10 political advisers have been looking...
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Can we expect cuts to IHT? Andrew Goodall reports the latest speculation and announcements on tax proposals from the major political parties.
Inheritance tax must be improved if it is to be retained the Institute for Fiscal Studies said in a report published days after The Sunday Times said Rishi Sunak was considering cutting IHT before the general election with a view to its possible abolition.
The move is just one of the ‘crowd-pleasing policy changes in the mix’ for the Conservative Party conference set to begin on 1 October the newspaper said on 24 September. The prime minister is considering cutting IHT ‘before eventually abolishing it entirely’ and he would frame the policy as an ‘aspirational offer to voters’ it added. Three unnamed sources ‘confirmed that there is a live discussion at the highest level of government’ about IHT reform.
‘Number 10 political advisers have been looking...
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If you do not subscribe but are a registered user, please enter your details in the following boxes:
