Have your say on government e-petitions

increase death duty on homes from £250,000 to £1.5 million

Submitted on Wednesday 5th March 2014

Published on Thursday 6th March 2014

Current status: Closed

Closed: Friday 6th March 2015

Signatures: 8

Tagged with

Tax

Petition Action

increase death duty on homes from £250,000 to £1.5 million

Additional Information

Most ordinary homes are now worth £250,000 or more. These homes do not belong to super rich people as was the case when this tax was introduced. It now affects millions of ordinary families of modest incomes. It is about time the threshold was raised to only apply to the super rich as it was originally intended for super estates. I want the government to raise the threshold of inheritance tax on homes to apply to landed estates as it was for centuries until now.


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