The Chancellor is expected to hike the threshold at which Inheritance Tax kicks in to £1 million in this week's Budget. While welcome, the proposal is unnecessarily complicated - by specifically exempting the "family home" from other assets, there is a danger that the changes could be exploited in a way that sees house prices potentially increase. That caveat, though, shouldn't distract from the fact that the public sees Inheritance Tax as unfair and immoral. Efforts to reduce the burden are welcome, even if we'd prefer to see the "Death Duty" abolished altogether.
Andy Silvester, our Campaign Director, appeared on BBC News over the weekend to discuss the proposed changes, as well as wider planning reform.
You can see his interview here:
12:07 PM 24, Feb 2017 The TaxPayers...
12:01 AM 20, Feb 2017 Tom Banks
12:01 AM 20, Feb 2017 The TaxPayers...
12:16 PM 19, Feb 2017 Tom Banks