www.theguardian.com/politics/2014/mar/24/cameron-tories-raise-inheritance-threshold
Not a Tory but I actually agreed with this. Inheritance tax was originally envisaged as a tax on the rich but the problem is that the threshold hasn't been increased with inflation each year. More and more middle class people are having to pay it - particularly with house price rises in London and the South East. If it had gone up with inflation it would be well over £1million. Surely you need to have at least a million in this day and age to be rich.
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Politics
Raising IHT threshold to 1million.
25 replies
Moknicker · 24/03/2014 23:41
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