Labour should abolish one of the world's 'harshest' IHT policies, report reveals

The Institute of Economic Affairs has called on the Government to end Inheritance Tax

Chris Brayford
clock • 4 min read
Lord Frost said: "A Government looking to boost growth, support families and simplify the tax system for fairness and economic competitiveness should consider abolishing Inheritance Tax."
Image:

Lord Frost said: "A Government looking to boost growth, support families and simplify the tax system for fairness and economic competitiveness should consider abolishing Inheritance Tax."

Britain has one of the world's 'strictest' Inheritance Tax (IHT) policies, and it should be scrapped, according to a new report from a UK free market think tax. The Institute of Economic Affairs (IEA)...

To continue reading...

Already a member? Login for full access.

Login

New to Farmers Guardian? Register for 1 free article per week or become a member for unlimited access to essential farming news and insights.

article-img-580x358
Register for free Join Now

 

More on Politics

Farming Matters: "Are governments listening or have they just learnt to say the right words?"
Politics

Farming Matters: "Are governments listening or have they just learnt to say the right words?"

Rory Hutchings, partner and head of agriculture and estates at HCR Law, discusses the current rhetoric on farming coming from Westminster and the Senedd in Wales.

Farmers Guardian
clock 11 July 2026 • 4 min read
Gov scraps mandatory public consultation on data centres amid ongoing concerns for the countryside
Politics

Gov scraps mandatory public consultation on data centres amid ongoing concerns for the countryside

The changes are expected to cut pre-application time by up to 12 months and save developers £1 billion on major infrastructure projects

Mia Willemsen
Mia Willemsen
clock 08 July 2026 • 3 min read
Defra breached law when allowing farmers to use pesticides, watchdog finds
Politics

Defra breached law when allowing farmers to use pesticides, watchdog finds

The assessment process for emergency authorisations of pesticides is now to be updated following the investigation by the Office for Environmental Protection (OEP)

Mia Willemsen
Mia Willemsen
clock 07 July 2026 • 2 min read