Lib-Tory govt would stop IHT nil-rate rise - L&G

A rise in the nil-rate band to a £1m allowance per person and £2m for couples has been part of Tory proposals since 2008. But with today's poll result showing a hung parliament, the expectation is that despite winning the most seats the Tories will be forced into a coalition with the Lib Dems, in which they will have to sacrifice some key policy stances if they are to form a unity Government. On tax issues, the Lib Dems support a rise in National Insurance against the Tories, and fundamentally disagree with David Cameron's party over IHT. Lib Dem leader Nick Clegg has criticised th...