Inheritance tax should be slashed to 10%, say MPs

Inheritance tax should be slashed to 10%, say MPs

Inheritance tax should be slashed to 10%, say MPs

A cross-party group of MPs want to change inheritance tax and gift-giving rules

Stephen Little
Wed, 01/29/2020 – 11:44

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A cross-party group of MPs is calling for a radical shake-up of inheritance tax (IHT), cutting it from 40% to 10%.

They also suggest scrapping the rule that currently allows gifts to be made tax-free so…

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