INHERITANCE TAX

Motion Text

That this House notes the phenomenal response to the campaign organised by the Daily Express newspaper to abolish inheritance tax, culminating in a 200,000 signature petition to the Treasury; believes that the failure of inheritance tax thresholds to keep pace with house price inflation has meant that millions of ordinary households are now liable for death duty and that inheritance tax is an inefficient and an immoral tax for the recently bereaved; and urges the Government urgently to consider abolishing inheritance tax.