is it possible to claim back Inheritance tax

weechief1

dzug wrote: »

????how????

All money, just about, has been taxed.

When it changes hands it's taxed again.

dont want to sound petty here but i just dont think thats fair and should be re-though out

BrianM1975

weechief1 wrote: »

dont want to sound petty here but i just dont think thats fair and should be re-though out

Speak to your MP then!

dunstonh

All money, just about, has been taxed.

When it changes hands it's taxed again.

A lot of IHT can be avoided with planning. It has often been referred to as a voluntary tax.

CLAPTON

Most of use are taxed (and pay NI) on our income .. we then spend on things that have VAT so thats double taxation

we pay car tax from taxed income so double taxation
if you ever fly you pay airport tax out of taxed income ..so double taxation
and TV License and driving license and insurance tax and house stamp duty and shares stamp duty and alcohol and tobacco and council tax ...........................all double taxation

Actually its worse than that because companies that make things and provide services also pay corporation and employment taxes even before VAT is added so its probably triple taxation.