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AIBU?

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Original poster

What % of all deaths (uk) resulted in an inheritance tax bill in 2021-22? you're not previewing try and have a guess?

229 replies

HecatesBees · 30/10/2024 22:46

What % of all deaths (uk) resulted in an inheritance tax bill in 2021-22? you're not previewing try and have a guess?

Some 4.39pc of all deaths resulted in an inheritance tax bill in 2021-22 – a total of 27,800, according to official figures.

If your guess was higher, pick YANBU
if your guess was lower pick YABU

(I would have guessed higher, maybe even up to 50%

OP posts:
Original poster
HecatesBees · 30/10/2024 22:51

Radiatorvalves · 30/10/2024 22:49

I knew it was 4%. Really can’t understand why people get so worked up about IHT. The 4% can afford to pay it. Wound up by the Daily Mail?

That's why I posted it. I personally think it's a good idea to tax inheritance, the person leaving the estate has done their bit, and the person inheriting hasn't "earned" it.

I would remove trusts as well, duke of Westminster with his 9.4 billion inheritance can get to fuck!

OP posts:
vegaspot · 30/10/2024 22:51

I think 4%.

BIWI · 30/10/2024 22:49

I knew that figure.

I don't disagree with taxing inherited, unearned wealth - but I do think it's disproportionate/unfair for homeowners in the SE. You can 'hide' money apart from the value of your home - and if you live in the SE, a reasonably standard home will cost more than the threshold for IHT. I think this should be taken into account.

Radiatorvalves · 30/10/2024 22:49

I knew it was 4%. Really can’t understand why people get so worked up about IHT. The 4% can afford to pay it. Wound up by the Daily Mail?