Sunak reportedly considering inheritance tax cut
- Rishi Sunak is considering reducing the 40% inheritance tax rate to phase out the levy and attract voters before the general election.
12 Articles
12 Articles
Is Rishi Sunak planning inheritance tax giveaway?
Speculation is mounting that the Prime Minister could announce that inheritance tax is to be cut. Such a move would only benefit the children of couples who are able to pass on more than a million pounds – that’s a tiny fraction of the overall population. But it is being seen as a sweetener aimed at wealthier voters in Tory-held seats who may be thinking of switching to the Lib Dems. And Sir Ed Davey’s party have very loudly announced their inte…
Inheritance tax rate set for huge cut in just months - and may soon be scrapped entirely
Inheritance tax could be slashed as soon as next March in a bid by No10 to win the support of voters ahead of the next general election.Prime Minister Rishi Sunak and Chancellor Jeremy Hunt are considering reducing the 40 per cent levy in the next Budget.The cut would be a stepping stone in plans to eventually eradicate the tax entirely if the Conservatives are back in Downing Street after the next election.At the moment, inheritance tax is paid…
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