Chancellor Jeremy Hunt should abolish inheritance tax (IHT) in the Autumn Statement this month, according to deVere Group chief executive and founder Nigel Green.
Green has called on the chancellor to abolish the "most despised tax" as he prepares to deliver the Autumn Statement on November 22. He said that now is the right time for Hunt to take "decisive action". "With the Office for Budget Responsibility confirming that there's been a turnaround in the HM Treasury's coffers which are now around £5.5bn in the black, and with government borrowing falling and the income from tax increasing, there is no better time to scrap the most hated tax of all," Green said. "While Jeremy Hunt will argue that he cannot make personal tax cuts that would push ...
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