Keir Starmer plans 'devastating' £4 billion inheritance tax raid

Keir Starmer plans 'devastating' £4 billion inheritance tax raid

Sir Keir Starmer is eyeing a "devastating" raid on inheritance tax, in order to close loopholes in the levy.The party is looking at getting rid of two key exemptions, which currently apply to agricultural and business properties. The exemptions allow farms and businesses to be passed down without the 40 per cent inheritance tax charge applying.Removing the two exemptions are expected to raise as much as £4 billion, according to the Times.WATCH N…