You are reading a single comment by @Clockwise and its replies. Click here to read the full conversation.
  • I'd just like to point out that inheritance tax is only discussing property as it's the only part of the money that can't be shifted via a tax haven. It's nice to make the idea appeal to more people by mentioning "the average hard working guy who has saved to buy his house" but for most of the uk outside london the 325k easily covers that. If you have your non-dom status and money going all offshore and whatever you then can't declare your uk property is overseas so it's an unavoidable tax as whoever inherits it needs to be in the uk when they accept the deeds. I wish they would just close the huge holes and clamp down on "tax avoidance" then 40% of anything would be a thing of the past as with all the dodged taxes coming in 10% would probably do fine.

About

Avatar for Clockwise @Clockwise started