Sunday 21 June 2015

Inheritance Tax – Immoral and Unjust UK TAX

In the last five years, the UK treasury has very kindly relieved grieving UK families of an extra £1 Billion in Death duties (Inheritance Tax)
Chancellor George Osbourne keeps moving the IHT goal posts. As part of his party manifesto in 2007 he promised to increase the threshold to £1 Million.
However, since coming to power he has never increased the threshold and went one stage further by freezing the threshold when he ended the traditional annual Increase.