This petition was submitted during the 2010-2015 parliament
Rejected petition Abolish Inheritance Tax
More details
Abolish IHT in all its forms. Any money concerned has already been subject to taxation when it was originally earned by the deceased. IHT therefore results in double taxation, at absurd rates. On top of that, it shows a lack of respect to a deceased who has spent their entire life saving to enable them to pass something on to their family, and can be stressful for bereaved family memebers. It should be abolished, or at the very least reduced to a rate much lower than 40%.
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.
You are more likely to get action on this issue if you sign and share a single petition.
We only reject petitions that don’t meet the petition standards.