Inheritance Tax could be scrapped under Labour - but replaced with tax on gifts to family



INHERITANCE tax could be scrapped under the Labour Party, Shadow Chancellor John McDonnell has implied. He signalled interest in a plan for the abolition of Inheritance Tax - instead being replaced by a “lifetime gifts tax”. How would the tax threshold change under the proposal?

Source: Daily Express :: Finance Feed https://ift.tt/2Xm2Plv

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