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Closed End Inheritance Tax (IHT) discrimination against the childless

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We are calling for a change to the discriminatory nature of new IHT legislation by giving those who are childless exactly the same allowances as those with direct descendants.

New legislation means married couples and civil partners with homes will, from 2017, be able to leave estates worth up to £850,000 without paying IHT. The figure rises to £1m by 2020/2021. However, Family Home Allowance (FHA) only applies to direct descendants. Those who do not have children, stepchildren or grandchildren, will be excluded from benefiting from the additional allowance. This should be changed to give those who are childless the same allowances as those with direct descendants.

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    This petition will stay open until 5 February 2016.