This episode was originally posted on our Reality Check channel. To watch, head over to our YouTube
Inheritance tax is one of Britain's most unpopular taxes – but is it really as unfair as people think? Our Economics Editor Michael Simmons speak to tax expert Dan Neidle about why inheritance tax inspires such hostility, who really ends up paying it, and whether it needs reforming.
With the Conservatives proposing to abolish inheritance tax on family homes, Dan explains why the policy could have unintended consequences for the housing market, why the wealthiest can often avoid the tax altogether, and how the current system disproportionately affects the upper middle class.
This episode is brought to you by Raymond James. Combining deep insights into who you are with our financial expertise, that’s the power of personal. Investment involves risk.
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