Public Opposition To 'Unfair' Inheritance Tax
MORE than two thirds of British people (69%) think it unfair to tax a person's estate after their death, according to new research from MORI. The survey, for Friends Provident, looks at views on inheritance tax, it's fairness as a means of generating tax revenues, and whether the current threshold (£263,000) is considered correct. Most people (57%) think the threshold should be raised and two thirds (67%) believe a 'banding' system should be introduced, so that smaller amounts attract a lower rate and larger sums a higher rate.