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

11 April 2026 • 4 min read

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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)...

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