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Will the incoming government commit to a full review of the tax system, followed by replacement or high levels of reform? The current tax system is overly complicated, it is the most complicated in the world, governed by more legislation and guidance than in any other country. This not only makes it inefficient but also…
The inheritance tax threshold has remained frozen at £325,000 since the 2009-10 tax year. Since then we have witnessed periods of high inflation and consequently a real terms reduction in the inheritance tax threshold. How long will the inheritance tax thresholds remain frozen?
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