Anonymous17 days ago
Restore Britain, the Elon Musk-backed party launched by former Reform UK MP Rupert Lowe, has made full abolition of inheritance tax a centrepiece of its economic platform, intensifying a right-wing bidding war over Britain's "most hated tax" just as a new IEA report brands the UK's regime the fifth harshest in the OECD. With HMRC collecting a record £8.2 billion from inheritance tax in 2024/25 and Labour tightening agricultural exemptions despite farmer protests, the debate over whether to abolish, reform, or expand the tax has become one of the most politically charged fiscal battles in British politics.