Tories rejig IHT policy

  • Story by: Hannah Benjamin
  • Magazine: FinancialAdviser
  • Published Thursday , September 04, 2008

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The Conservatives have announced plans to allow families to inherit up to £2m tax-free, according to reports.

This doubles the pledge the party made last September on death duty. The opposition party said couples would be entitled to a £1m allowance for each person, which would be transferable to the surviving partner after death, it has been reported.

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