The Independent

Abolishing inheritance tax is win-win which can boost economy – ex-minister

Source: PA Archive

Abolishing inheritance tax would be a “win-win”, a Conservative former minister has said.

During the third day of debate on the budget, Ranil Jayawardena, MP for North East Hampshire, said that Sweden’s abolition of inheritance tax led to increased tax revenue.

The standard inheritance tax rate in the UK is 40% on estates

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