Summary
THE number of people ensnared by inheritance tax (IHT) will rise by more than 70 per cent in just seven years, new research revealed yesterday.
Some 3.6 million people are expected to be hit with the 40 per cent tax - one of the most penal in the UK - by 2009, 71.4 per cent up on the 2.1 million in 2002, the last year full data was available.See the full content of this document
Extract
Inheritance Tax Levels Soar 70 Per Cent
"More and more people are being dragged into the inheritance tax net," said the shadow chancellor, Ge...
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