James Ward: IHT - no news is surely good news?

So now we know. Despite a high-spending Budget, the Chancellor has resisted calls to introduce major personal tax changes in his latest balancing of the books.   We should not forget, of course, that a major tax change was already announced a few weeks ago in the form of the National Insurance (NI) increase to pay for social care. But given the enormity of the black hole in public finances following Covid-19, the fact Rishi Sunak did not resort to tampering with the most detested tax according to a recent poll - inheritance tax (IHT) - will be a relief to those it catches. In March we...