Tax

Is Inheritance Tax for the chop?

Inheritance tax is deeply unpopular, there’s no denying it. According to a 2015 YouGov poll, 59 per cent of the population think it’s unfair. So whichever party is in power after the Election, it’s likely they will include it as one of the taxes to be reviewed. Indeed, at the Tory party conference in September, the Chancellor, Sajid Javid, went so far as to hint he was considering scrapping inheritance tax altogether. He is thought to be uneasy that revenue from the tax reached an unprecedented £5.4 billion in 2018-19; a figure made even more noteworthy when only 4-5 per Read More