Closed petition: Remove inheritance tax on all estates and their property worth under £1 million
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Change the inheritance tax threshold from all estates from £325,000 to £1 million, so that no inheritance tax is levied on estates and the property within them up to a value of £1 million.
With current inflation and property prices I feel it's only right that the threshold for paying inheritance tax should change from £325,000 to £1 million. So, there should be no inheritance tax on estates and their property under £1 million.
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This petition will stay open until 11 March 2026.