‘Radical overhauls’ of various bits of the tax rules are proposed as often as their ’simplification’. In most cases, by the time they’ve been through committees of civil servants and other reality checks, nothing much changes and very little is ever simplified. This time, however, he has a whacking majority and, assuming he still has a job after the forthcoming reshuffle, Saj may make some real changes. In a couple of years time.
“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.