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We urgently call on the UK Government to stop the planned changes to inheritance tax reliefs that threaten working family farms and rural businesses—the heart of our rural communities. We believe these reforms could inflict irreparable harm on rural heritage and food security.
React
Members can read every reason.
Abolish inheritance tax
We believe inheritance tax destroys family wealth for future generations and destroys opportunities of further investment into the UK. We believe it is inhumane and incredibly unfair. Many people work all their lives to build wealth, only for it to be taxed by the Government.
Remove inheritance tax on all estates and their property worth under £1 million
Change the inheritance tax threshold from all estates from £325,000 to £1 million, so that no inheritance tax is levied on estates and the property within them up to a value of £1 million.
Childless to be eligible for Residence Nil Rate Band for inheritance tax
Ensure that the childless have the same IHT allowances as those who have children, and benefit from both the 'Residence Nil Rate Band' of £175,000 and the Nil Rate Band of £325,000.
We urgently call on the UK Government to stop the planned changes to inheritance tax reliefs that threaten working family farms and rural businesses—the heart of our rural communities. We believe these reforms could inflict irreparable harm on rural heritage and food security.
React
Members can read every reason.
Abolish inheritance tax
We believe inheritance tax destroys family wealth for future generations and destroys opportunities of further investment into the UK. We believe it is inhumane and incredibly unfair. Many people work all their lives to build wealth, only for it to be taxed by the Government.
Remove inheritance tax on all estates and their property worth under £1 million
Change the inheritance tax threshold from all estates from £325,000 to £1 million, so that no inheritance tax is levied on estates and the property within them up to a value of £1 million.
Childless to be eligible for Residence Nil Rate Band for inheritance tax
Ensure that the childless have the same IHT allowances as those who have children, and benefit from both the 'Residence Nil Rate Band' of £175,000 and the Nil Rate Band of £325,000.
