Free Wills: Inheritence Without Taxation

Type: Reports Written by Dr Barry Bracewell-Milnes | Thursday 23 November 1995

Ordinary people pay more IHT than the rich. The UK rate is far above the EU average, hitting much smaller estates. The tax is a powerful disincentive on saving, kills family businesses, is costly to collect, and destroys far more than it yields. If it did not exist, no rational person would propose it.

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