{"id":10348,"date":"2016-04-10T23:40:31","date_gmt":"2016-04-10T16:40:31","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/inheritance-tax-a-brief-history-of-death-duties\/"},"modified":"2016-04-10T23:50:48","modified_gmt":"2016-04-10T16:50:48","slug":"inheritance-tax-a-brief-history-of-death-duties","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/inheritance-tax-a-brief-history-of-death-duties\/","title":{"rendered":"Inheritance tax: a brief history of death duties"},"content":{"rendered":"<p>&#013;<br \/>\nIn 2014, the latest year for which data is available, 28,000 estates, or 5% of all deaths, were subject to the taxModern inheritance tax dates back to 1894 when the government introduced estate duty, a tax on the capital value of land, in a bid to raise money to pay off a \u00a34m government deficit.  Related: Cameron faces questions over \u00a3200,000 gift from mother  Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.theguardian.com\/money\/2016\/apr\/10\/inheritance-tax-a-brief-history-of-death-duties\" target=\"_blank\">Inheritance tax: a brief history of death duties<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; In 2014, the latest year for which data is available, 28,000 estates, or 5% of&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-10348","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-2GU","jetpack-related-posts":[{"id":1010,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/inheritance-tax-set-to-hit-35-year-peak\/","url_meta":{"origin":10348,"position":0},"title":"Inheritance tax set to hit 35-year peak","date":"January 8, 2016","format":false,"excerpt":"\r Estates affected by \u2018death duties\u2019 to reach 45,000 in 2016-17 before new allowance kicks in\r \r Source : ft.com\r Read more...Inheritance tax set to hit 35-year peak","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45960,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cutting-inheritance-tax-now-exposes-a-warped-sense-of-priorities-rachel-reeves\/","url_meta":{"origin":10348,"position":1},"title":"Cutting inheritance tax now exposes a warped sense of priorities | Rachel Reeves","date":"March 1, 2017","format":false,"excerpt":"\r This plan to help the wealthiest will entrench the north-south divide. Philip Hammond should dump it and channel the money to early years childcareThere is nothing certain in the world except death and taxes, according to the old proverb. But, unless the government sees sense, we could soon find\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24212,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dukes-and-other-super-rich-are-not-the-only-ones-who-can-reduce-death-duties\/","url_meta":{"origin":10348,"position":2},"title":"Dukes and other super-rich are not the only ones who can reduce death duties","date":"August 28, 2016","format":false,"excerpt":"\r While attacked as a way to avoid inheritance task, setting up a trust is a legitimate form of financial planning which is available to anyoneWhen the 6th Duke of Westminster died this month, his son Hugh Richard Louis Grosvenor took on not just his father\u2019s title but also an\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22644,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/inheritance-tax-why-the-new-duke-of-westminster-will-not-pay-billions\/","url_meta":{"origin":10348,"position":3},"title":"Inheritance tax: why the new Duke of Westminster will not pay billions","date":"August 11, 2016","format":false,"excerpt":"\r The fact that Hugh Grosvenor\u2019s estate is held in a trust means that his \u00a39bn inheritance is likely to remain largely intactHad the Grosvenor estate bequeathed to the new Duke of Westminster been liable for 40% inheritance tax, the amount owed to the Treasury would have been not far\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10182,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tories-1m-inheritance-tax-break-aimed-at-wealthier-households\/","url_meta":{"origin":10348,"position":4},"title":"Tories\u2019 \u00a31m inheritance tax break aimed at wealthier households","date":"March 17, 2015","format":false,"excerpt":"\r Sensitive papers reveal plans that would allow parents to pass a main property worth up to \u00a31m to their children without paying any inheritance taxGeorge Osborne has drawn up plans that would allow parents to pass a main property worth up to \u00a31m to their children without paying any\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22648,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/five-common-inheritance-tax-myths-exploded\/","url_meta":{"origin":10348,"position":5},"title":"Five common inheritance tax myths exploded","date":"September 8, 2015","format":false,"excerpt":"\r Progressive or punitive, inheritance tax divides opinions. Harvey Jones takes a look at a tax that is a political minefield and a moral mazeTo some, inheritance tax (IHT) is the most hated tax in Britain. To others, it is an engine of social fairness and wealth distribution. And to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/10348"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=10348"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/10348\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=10348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=10348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=10348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}