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Inheritance Tax should kick in when an Estate is valued at £1,000,000.

Submitted on Wednesday 2nd January 2013

Published on Friday 4th January 2013

Current status: Closed

Closed: Saturday 4th January 2014

Signatures: 21

Tagged with

Tax

Petition Action

Inheritance Tax should kick in when an Estate is valued at £1,000,000.

Additional Information

At the last election the Conservatives promised that the threshhold for inheritance tax would rise to £1,000,000 because ordinary homes of hard working families were now caught within this tax. Inheritance tax was not meant for someone whose only assest was a home bought and lived in continously by the same family/person for fifty years and hence increased in value. This tax is currently very unfair to ordinary working people and the Tories have broken their promise.

Please raise the inheritance threshhold NOW.
Politicians need to keep promises otherwise democracy will be the loser as people will lose faith in the process of voting and for what they are voting. Politicians must mean what they say not just say popular things at elections in order to gain power.


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