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jjeffery worboys
Channel 4 News
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Comments by "jjeffery worboys" (@jjefferyworboys8138) on "Is Rishi Sunak planning inheritance tax giveaway?" video.
Some of those people may be the ones to benefit. Inherit a very small property in London and the South East and you will probably be liable for IHT.
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Many hard working ordinary people whose parents were also hard working ordinary people would benefit. You have a strange notion of rich is.
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Thankfully we aren't a primitive culture.
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Everyday citizens are increasingly effected and this will increase further each year.
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IHT raises very little, so the cost is very small.
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There are so many wealth taxes already. What's Stamp Duty if it's not a wealth tax ?
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@@user-dq8ey6mi4f Why should people who have homes that they have worked hard for have to sell them whilst those don't get it for free ? That's inequality !
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@oliverharris6116 In London and the South East thats a very modest property whereas in the North it's a palace ! This is the North South decide no one talks about and hugely benefits those inheriting property in the North.
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That figure will increase each year and it effects very ordinary people who inherit a very modest property in London and the South East disproprotionately.
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You don't expect to inherit anything then ?
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@AbbyVilla-qt6wd So true.
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@@user-dq8ey6mi4f Absolutely right.
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Agreed.
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If I as an ordinary person benefited, I don't care that someone else benefited more.
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Mrs Sunak is no longer a Non Dom, surely you know this. Roman Abrovitch was probably the richest Non Dom to make his home in the UK and I don't recall anyone calling him a tax cheat. Do you know how many Premier Division footballers are Non Doms ?
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Inheritance tax effects ordinary hard working people, the thresholds are so very low. In London and the South East if you inherit a very small property you will probably be liable for IHT.
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If my my niece and nephews, as I don't have any kids saved a few hundred thousand , I would be very pleased. I don't care what anyone gets, it's not important.
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@shabbydabbydo314 Wouldn't you ?
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Very ordinary people, many of them Labour voters who inherit very modest properties in the London and South East aren't wealthy.
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So can lots of things, so many ordinary people do it.
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Aspire to be in that position but smart enough to ensure you don't actually pay anything. Good advice and planning is the key and it worked for me.
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@CaptainTodger69 Even if you can't avoid it completely, it can be mitigated significantly.
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Isn't that what Starmer is trying to do too. As I recall Reform are also trying very hard to, with their promises to stop the small boats.
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If you die and have a mortgage on your home, it still has to be repaid.
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