Submitted by Samuel James Feary on Thursday 5th December 2024
Published on Tuesday 18th February 2025
Current status: Closed
Closed: Monday 18th August 2025
Signatures: 62
Relevant Departments
Tagged with
Charities ~ Charity ~ Fairs ~ Gov ~ Inheritance ~ Inheritance Tax ~ OUTRAGEOUS ~ Outrageously ~ parties ~ Political parties ~ Politicians ~ Politics ~ Reasonable ~ Tax
Require political parties to pay inheritance tax on gifts
The gov website article on inheritance tax states that gifts to charities and political parties are exempt from inheritance tax. Why do political parties get this special treatment?
We think there is no good reason gifts to political parties should be exempt from IHT. In some circumstances people who have received gifts have to pay inheritance tax and we don't see why political parties should be any different. When there are what we think are outrageous rates of IHT on other gifts (that has already been taxed multiple times in our relatives' lives); what makes it fair that this doesn't have to apply to political parties? We think the politicians seem to do whatever they like.
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