Inheritance tax is likely to be abolished if Kemi Badenoch becomes Prime Minister, party sources have told the Mail on Sunday.
The move – which the sources said will happen if ‘the sums can be made to add up’ – would strike a powerful contrast with the array of new taxes being imposed by Labour.
Last week Prime Minister Andy Burnham announced plans to impose a £1.6billion ‘tourist tax’, which would hit Britons holidaying in the UK with a 5 per cent surcharge – the latest in a raft of rises to tax and National Insurance since Labour’s 2024 general election victory.
Inheritance
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