Inheritance TaxSep 27 2023

IFS: scrapping inheritance tax hands £1mn to richest 1%

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IFS: scrapping inheritance tax hands £1mn to richest 1%
The IFS published Reforming Inheritance Tax on September 27. (Hollie Adams/Bloomberg)

The wealthiest one per cent of individuals in the UK would receive almost half of the benefit of scrapping inheritance tax, according to the IFS.

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