This petition was submitted during the 2015-2017 parliament
Rejected petition Lower inheritance tax on properties or cash
Recently inheritance tax is now 40% on anything over the value of £325000, this includes properties. People are now having to sell their inherited home or estate just to pay the 40% tax
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Why should we pay a further 40% inheritance tax on property or money earnt that has already been taxed.
Our families work and pay tax all their lives and when they die anything above £325000 nearly half goes back to the government. This is so wrong and it's about time this changed!
This petition was rejected
Why was this petition rejected?
There’s already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
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https://petition.parliament.uk/petitions/177105
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