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Raise Inheritance tax threshold from £325 for unwed people living together

Submitted on Monday 11th March 2019

Rejected on Tuesday 19th March 2019

Current status: Rejected

Rejection code: no-action (see below for details)

Petition Action

Raise Inheritance tax threshold from £325 for unwed people living together

Petition Details

Many single people have lived together for years, only to find that on the partners death, the survivor is in danger of becoming homeless due to the rise in house prices, alone. It is now 2019, and £325k IHT threshold has stayed the same low for decades. It is unfair that unweds have this worry

Additional Information

I.e. a couple lived together 50 years, he died, she had to sell up to pay the IHT, there was not enough left to provide her with a home. There are many people in this situation. Same applies for single people and siblings inheriting. Just £325 is so low now, it has been the same for decades. Most homes are at least that price or more, so that means the homes have to be sold leaving people homeless. Inheritance tax threshold is now far too low for people not married, singles and siblings.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

Petitions need to call on the Government or Parliament to take a specific action.

We're not sure exactly what you'd like the Government or Parliament to do.

We understand you would like to change inheritance tax thresholds, but we're not sure exactly what change you'd like to see. For example, we're not sure whether you'd like to change inheritance tax for cohabiting couples only or for all people who live together.

You could start a new petition explaining clearly what you would like the Government or Parliament to do. For example, you could start a new petition asking for the threshold to be increased in line with house price increases since 2009, if that's something you'd like to happen.

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18.216.233.58 Fri, 19 Apr 2024 18:46:49 +0100