Inheritance tax needs reform both for fairness and efficiency

Forrester, James (2024) Inheritance tax needs reform both for fairness and efficiency. British Politics and Policy at LSE (29 Oct 2024). Blog Entry.

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Abstract

Chancellor Rachel Reeves is expected to announce inheritance tax reforms in the October Budget as a way of raising funds and closing the fiscal “black hole”. James Forrester argues that inheritance tax is ripe for reform given that the many tax reliefs mean that only a fraction of estates that qualify for inheritance tax end up paying the current tax rate of 40 per cent, with some paying as little as 4 per cent.

Item Type:	Online resource (Blog Entry)
Official URL:	https://blogs.lse.ac.uk/politicsandpolicy/
Additional Information:	© 2024 The Author(s)
Divisions:	International Inequalities Institute
Subjects:	H Social Sciences > HJ Public Finance J Political Science > JN Political institutions (Europe) > JN101 Great Britain
Date Deposited:	16 Dec 2024 11:48
Last Modified:	20 Dec 2024 00:29
URI:	http://eprints.lse.ac.uk/id/eprint/126378

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