Tag: Inheritance Tax - Tax Policy Associates

Posts tagged "Inheritance Tax"

Property118 - a duff inheritance tax structure

Oct 6, 2025 Investigations

The problem with unregulated tax advisers: a scheme from Property118 that could cost clients £100k+

Most of the HMRC losses from tax avoidance aren’t from multinationals or billionaires – they’re from small businesses, who’ve often been sold disastrous schemes by unregulated advisers. It’s a mis-selling problem as much as a tax problem. This report presents one example – but the internet is full of many, many others. The media focus […]

Sep 28, 2025 Investigations

Did Keir Starmer use a trust to avoid inheritance tax?

When Sir Keir Starmer gave a field to his parents, he used a “life interest trust”. This meant that, as its value grew from £20k to £300k, it was outside his parents’ inheritance tax estate. UPDATE: 10am Sunday 28 September. Sir Keir just told Laura Kuenssberg that he didn’t create a trust. That is hard […]

Nov 24, 2024 Policy

How to stop IHT avoidance but protect farmers

New data suggests that one third of the farm estates affected by the Budget changes aren’t owned by farmers – they’re held by investors for tax planning purposes. This suggests the Budget proposal doesn’t go far enough to stop avoidance, but goes too far in how it applies to actual farms. There’s a better approach […]

Jul 15, 2023 Analysis

Why does inheritance tax matter politically?

Here’s an interactive map showing inheritance tax paid in each parliamentary constituency in 2019/20, and shaded by the number of estates paying inheritance tax. You should be able to zoom around with your mouse/fingers, and if you hover/touch a constituency you’ll see the data: You can see a full-screen version here, one with alternate shading […]

Jun 3, 2023 Analysis

The terrible argument that won’t die: “inheritance tax is double taxation”

Here’s Jacob Rees-Mogg in Wednesday‘s Telegraph: We hear this a lot. But it’s a terrible argument: We pay tax on already-taxed assets all the time Literally every day: And so on and so on. The point is: there is no principle that we don’t pay tax on already-taxed assets. There never could be such a […]

Jul 27, 2022 Policy

The many holes in inheritance tax, and how to fix them

Bob Bob is a 70-year-old with £5m of investments which he wants his children to inherit. But he’d like to avoid the £2m of inheritance tax. He asks his tax adviser for advice on how to avoid the tax, and is expecting a long complicated memo, proposing a tax avoidance scheme involving seventeen companies, three […]