Rejected petition Abolish Inheritance tax in the United Kingdom

Abolish inheritance tax in the United Kingdom for everybody

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1. Double or Triple Taxation of the Same Income:
Inheritance tax represents an additional layer of taxation on wealth that has already been subjected to income tax, capital gains tax.

2. Disincentive to Work Hard and Save:
The imposition of inheritance tax disincentivizes individuals from working hard and saving for their future, knowing that a significant portion of their wealth will be taxed upon their death.

3. Stress on Survivors:
Bereaved families are often forced to navigate complex and stressful tax affairs during a time of grief.

4. Erosion of Innovation and Economic Growth:
The inheritance tax reduces the incentive for individuals to invest in businesses and innovative ventures.

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.

You may wish to sign the following petition, which calls for similar action:

Abolish inheritance tax
https://petition.parliament.uk/petitions/703787

We only reject petitions that don’t meet the petition standards.

Date submitted 14 February 2025
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