• Helen White

Poll backs axe for Inheritance Tax

A poll carried out by the Express shows that people would like to see inheritance tax scrapped. The survey saw 92% of respondents call for the levy to be axed, while 8% said it should remain as it is. The poll comes after an Organisation for Economic Cooperation and Development report suggested IHT should become a large part of tax revenue, post-pandemic. In his March Budget, Chancellor Rishi Sunak announced that the threshold for IHT would be frozen at its current rate for the tax years between 2022 and 2026. (18/05/2021)

0 views0 comments

Recent Posts

See All

G7’s minimum corporate tax rate ‘too low’

While G7 finance ministers have agreed to support a global minimum corporate tax rate of at least 15%, Argentina's finance minister has described the rate as “far too low”. Martin Guzman told an onlin

Companies starting to receive letters demanding taxes

More than 1,200 companies get letters demanding overdue income taxes As the Government starts to recover debts built up in the pandemic, HMRC has sent more than 1,200 companies warning letters demandi