Would it be too cynical (unlike me, I know) to say that we’ve heard all this before? Maggie (kids etc.) pledged to abolish Capital Transfer Tax; which she did, replacing it with Inheritance Tax. Osborne pledged to raise the threshold to £1m; which he did for married couples with big houses passing them on to their kids, sort of. Saj is making no pledges, just saying it’s ‘on his mind’. Could go out of his mind just as easily when faced with the bills for all the other stuff he is pledging. I’d say.
“IHT to be ‘battleground policy’ in general election as receipts continue to grow”
Just when you thought Inheritance Tax was to become yesterday’s news, it’s back as, apparently and potentially, a ‘battleground policy’ as the election looms.