{"id":106225,"date":"2019-04-18T21:29:23","date_gmt":"2019-04-18T14:29:23","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/so-1-of-the-people-own-half-of-england-inheritance-tax-reform-could-fix-that-peter-hetherington\/"},"modified":"2019-04-18T22:05:03","modified_gmt":"2019-04-18T15:05:03","slug":"so-1-of-the-people-own-half-of-england-inheritance-tax-reform-could-fix-that-peter-hetherington","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/so-1-of-the-people-own-half-of-england-inheritance-tax-reform-could-fix-that-peter-hetherington\/","title":{"rendered":"So 1% of the people own half of England. Inheritance tax reform could fix that | Peter Hetherington"},"content":{"rendered":"


\nI interviewed private landowners across the UK \u2013 if we want to stop them trading what is morally ours, we need radical changeFour years ago I asked a simple question about our most basic resource that feeds, waters and houses the nation, while providing energy, timber, recreation for millions and much else besides. Why don\u2019t we, governments and individuals, value our land \u2013 for it surely is ours, morally if not legally \u2013 beyond the obscene monetary gain for the rich and powerful to exploit it as a valuable commodity to be bought, sold and used as a handy place to dump spare cash and avoid inheritance or capital gains tax?Governments have become so obsessed with the whims of the \u201cfree market\u201d that in England (but not, significantly, in Scotland) we seem locked in a cycle of despair, a \u201cwhy bother?\u201d mentality that precludes any intervention in the interests of all the people, assuming we even consider the pressures on this valuable resource and the estimated 2m hectares of public land sold off since the 1970s \u2013 valuable holdings in our postwar new towns, NHS sites, rich farmland owned by cash-strapped county councils and the rest. Continue reading…
\n
\nSource : theguardian.com
\nRead more…So 1% of the people own half of England. Inheritance tax reform could fix that | Peter Hetherington<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

I interviewed private landowners across the UK \u2013 if we want to stop them trading...<\/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-106225","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-rDj","jetpack-related-posts":[{"id":45958,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tory-1bn-inheritance-tax-cut-will-worsen-north-south-divide\/","url_meta":{"origin":106225,"position":0},"title":"Tory \u00a31bn inheritance tax cut 'will worsen north-south divide'","date":"March 1, 2017","format":false,"excerpt":"\r Research shows plans to increase threshold at which tax is paid will overwhelmingly benefit rich families in south-east EnglandA \u00a31bn 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75495,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-need-more-inheritance-tax-not-less-patrick-collinson\/","url_meta":{"origin":106225,"position":1},"title":"We need more inheritance tax, not less | Patrick Collinson","date":"December 30, 2017","format":false,"excerpt":"\r Few things are liable to cause more anger than proposing a hike in IHT. Yet that\u2019s just what the country needsThere is nothing more natural, we\u2019re told, than a parent\u2019s desire to leave money to their kids to ensure their security. And there\u2019s nothing that provokes more fury among\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10168,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/scrap-inheritance-tax-and-tackle-camerons-hypocrisy-head-on-polly-toynbee\/","url_meta":{"origin":106225,"position":2},"title":"Scrap inheritance tax and tackle Cameron\u2019s hypocrisy head-on | Polly Toynbee","date":"April 7, 2016","format":false,"excerpt":"\r No wonder Cameron protected offshore trusts from the EU. Taxing earned and unearned income the same would break this link between privilege and powerYet another secret is out: while David Cameron promised tax transparency, he was privately preventing EU moves to force open secretive trusts, in which Britain uniquely\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46659,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-uk-property-taxes-threaten-to-take-a-toll-on-investors-in-the-uae\/","url_meta":{"origin":106225,"position":3},"title":"New UK property taxes threaten to take a toll on investors in the UAE","date":"March 5, 2017","format":false,"excerpt":"\r Sweeping UK property tax changes being introduced next month could leave UAE investors out of pocket.From April 6, the UK government will put in place a new set of tax changes likely to make it more expensive for many international investors to rent out homes in England and Wales.Under\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46651,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-uk-property-taxes-threaten-to-take-a-toll-on-investors-in-uae\/","url_meta":{"origin":106225,"position":4},"title":"New UK property taxes threaten to take a toll on investors in UAE","date":"March 5, 2017","format":false,"excerpt":"\r Sweeping UK property tax changes being introduced next month could leave UAE investors out of pocket.From April 6, the UK government will put in place a new set of tax changes likely to make it more expensive for many international investors to rent out homes in England and Wales.Under\u2026","rel":"","context":"In "Property News"","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":106225,"position":5},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106225"}],"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=106225"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106225\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=106225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=106225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=106225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}