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2005
Inheritance tax liability

With just hours left until the country goes to the polls, inheritance tax may be well down the news agenda.

But for many campaigners it remains a top issue and whichever party forms the next government is likely to come under pressure to bring in new legislation.

Inheritance tax is hitting more and more people due largely to the recent sharp rise in house prices.

The government came under pressure earlier this year to go further than its recent changes to the inheritance tax system.

Campaigners argue that the government should not take such a big slice of the estates of people passing on wealth to their relatives.

 

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