More than half of Brits want IHT abolished

The firm said opposition to "tougher" IHT rules has increased since this time last year, despite the state of the public finances. The results also found that 76% of Brits now oppose an increase in the current 40% rate at which IHT is levied, up from 69% in September 2024, while 67% favour raising the £325,000 threshold at which IHT must be paid, compared to 64% last year. Three-quarters (76%) have either not considered or decided against taking professional advice to reduce a potential IHT liability, despite the fact that ever more estates are falling within the net of IHT. The su...