Comments by "Greg Greg" (@SlowhandGreg) on "Susanna Questions Pat McFadden on Labour's Inheritance Tax Plans" video.

@Raw_Fiction It's £500,000 for a relative and you can use both parents allowances making it 1 million also both my and my wife's SIPP is exempt till were 75
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Successive governments have poured 100's of billions into into right to buy, you also get huge tax breaks on pensions and savings and current IHT is 1 million for a couple so there's no reason to do much with it
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give it a break the limit is 1 million for a couple
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@lindabowman2868 The £1 million figure can only be achieved by married couples who decide to leave their entire estates to each other on death. Gifts to spouses are exempt so the first spouse to die would not use any of their available allowances. The survivor would then transfer the unused Nil Rate Band and RNRB to their estates. Nil rate = 325k, RNRB = 175k * 2 = 1 million also SIPPS if the person dies before they are 75 they are tax free and don't count towards your nil rate allowance.
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