Reform UK leader Nigel Farage pledges to scrap IHT

Although complete abolition is ‘unlikely to happen any time soon’

Isabel Baxter
clock • 2 min read

Reform UK leader Nigel Farage has pledged to scrap inheritance tax (IHT) if his party were to come to power.

Speaking at the farmer's Pancake Day protest in central London yesterday (4 March), Farage said that his party would abolish IHT. Farage told GB News: "IHT is double taxation. People have paid tax on this already, why on Earth when they die should they be taxed again? "We would get rid of IHT. It's a really nasty tax and it hits people at the most unpleasant part of their lives. "They've just lost their parents and suddenly the taxman is after them. So we would get rid of IHT." Law firm Kingsley Napley head of private client law James Ward argued that Farage "may think his promi...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

Why the Scottish Budget means it's time to act to save your pension

Why the Scottish Budget means it's time to act to save your pension

'These changes may mark something of an inflection point'

Drew Nutsford
clock 02 April 2026 • 4 min read
Expect 'painful teething challenges' on IHT overpayments, advisers warn

Expect 'painful teething challenges' on IHT overpayments, advisers warn

Fears HMRC delays could lead to months-long waits

Laura Purkess
clock 02 April 2026 • 2 min read
'The first of many lasts' – Marking a different tax year end

'The first of many lasts' – Marking a different tax year end

Advisers and clients having to digest changes under Labour

Isabel Baxter
clock 01 April 2026 • 5 min read