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...

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Isabel Baxter
Author spotlight

Isabel Baxter

Senior Reporter at Professional Adviser

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