For immediate release
Responding to the news that chancellor Rachel Reeves could be considering further tightening inheritance tax rules, John O’Connell of the TaxPayers' Alliance, said:
“As if hammering family farms and clobbering small businesses wasn’t enough, Reeves now wants to launch a smash and grab on presents to children and grandchildren.
“This is nothing more than a shameless cash grab to paper over the cracks of a government that can’t control its own spending. Punishing parents and grandparents for treating their loved ones is little more than the politics of envy.
"Not only should this vindictive policy be ruled out immediately, but inheritance tax itself should be scrapped in its entirety.”
TPA spokespeople are available for live and pre-recorded broadcast interviews via 07795 084 113 (no texts)
Media contact:
William Yarwood
Media Campaign Manager, TaxPayers' Alliance
[email protected]
24-hour media hotline: 07795 084 113 (no texts)
Notes to editors:
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Founded in 2004 by Matthew Elliott and Andrew Allum, the TaxPayers' Alliance (TPA) campaigns to reform taxes and public services, cut waste and speak up for British taxpayers. Find out more at www.taxpayersalliance.com.
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TaxPayers' Alliance's research council.
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The TPA is running a campaign to scrap inheritance tax and recently released a factbook detailing the truth about inheritance tax which can be found here.