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Introduce Land Tax or similar reform so super rich can't avoid Inheritance Tax

Submitted on Tuesday 16th August 2016

Published on Wednesday 17th August 2016

Current status: Closed

Closed: Friday 17th February 2017

Signatures: 302

Tagged with

England ~ NHS ~ Tax ~ UK

Petition Action

Introduce Land Tax or similar reform so super rich can't avoid Inheritance Tax

Petition Details

PM Mrs May said in her first speech "When it comes to taxes, we’ll prioritise not the wealthy, but you." The new Duke of Westminster, using family trusts, just avoided paying £3.6 BILLION Inheritance Tax.

Land Tax can't be avoided so no one can avoid paying their fair share. Let's make it happen!

Additional Information

Duke of Westminster avoids billions in inheritance tax:
http://www.telegraph.co.uk/tax/inheritance/inheritance-tax-and-how-the-dukes-of-westminster-avoid-it-on-the/

About Land Tax: https://www.theguardian.com/commentisfree/2016/aug/15/queen-duke-westminster-land-value-tax-distribute-wealth-super-rich

The avoided Inheritance Tax could fund the NHS deficit (£2.45 billion) with a billion pounds to spare:
https://www.theguardian.com/society/2016/may/20/nhs-in-england-reveals-245bn-record-deficit


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