Submitted on Saturday 4th March 2017
Rejected on Monday 13th March 2017
Current status: Rejected
Rejection code: duplicate (see below for details)
Lower inheritance tax on properties or cash
Recently inheritance tax is now 40% on anything over the value of £325000, this includes properties. People are now having to sell their inherited home or estate just to pay the 40% tax
Why should we pay a further 40% inheritance tax on property or money earnt that has already been taxed.
Our families work and pay tax all their lives and when they die anything above £325000 nearly half goes back to the government. This is so wrong and it's about time this changed!
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The Government e-Petitions Team gave the following reason:
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.
petition.parliament.uk/petitions/177105
18.117.99.192 Thu, 21 Nov 2024 18:19:02 +0000