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Our new report, In Stark Relief, exposes how politicians are handing out up to £666 million a year in inheritance tax reliefs on land and business property to families who are already well off.
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This is leading to higher land prices, as farmland is seen as a 'tax efficient' asset. The current system also undermines support for inheritance tax, as the wealthy can often get away with not paying it.
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Tax Justice UK is asking for a review of inheritance tax breaks and calls on politicians to cap the amount that can be claimed. This should be part of a broader effort to tax wealth in a fairer way.
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