Property News · March 1, 2017

Tory £1bn inheritance tax cut 'will worsen north-south divide'


Research shows plans to increase threshold at which tax is paid will overwhelmingly benefit rich families in south-east EnglandA £1bn Conservative inheritance tax cut will exacerbate the north-south divide, an MP has warned, as figures lay bare the winners and losers of a flagship government policy.People inheriting homes in constituencies in London and south-east England will gain the lion’s share of the benefits from the tax cut, according to research commissioned by the Labour MP Rachel Reeves. Continue reading…

Source : theguardian.com
Read more…Tory £1bn inheritance tax cut ‘will worsen north-south divide’

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