
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.
Rachel Reeves
Chancellor
Abolish inheritance tax
Implement a 2% wealth tax on individuals with net assets exceeding £10 million
Introduce a wealth tax on people with a £50 million+ net worth
Don’t change agricultural & business property relief for inheritance tax
Remove taxes on personal savings & private pensions
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.
Abolish inheritance tax
Implement a 2% wealth tax on individuals with net assets exceeding £10 million
Introduce a wealth tax on people with a £50 million+ net worth
Don’t change agricultural & business property relief for inheritance tax
Remove taxes on personal savings & private pensions