This petition was submitted during the 2019-2024 parliament
Petition Abolish Inheritance Tax or increase tax-free amount
I want the government to abolish inheritance tax or at least increase tax-free amount.
More details
The government should abolish inheritance tax or at least increase the tax-free threshold. We believe 40% of over £325,000 is an extortionate amount of money for a single person to have to pay. Especially when a lot of this money would have been taxed, taxed again, and taxed once more.
As if losing a loved one isn’t bad and upsetting enough, then to find out they worked hard their whole lives for the UK government to take so much money away from the people they had to leave behind.
This petition closed early because of a General Election Find out more on the Petitions Committee website