Nice to see that the lovely COE Alistair Darling has upped the threshold for Inheritance Tax.
With property prices rising beyond all expectations its only right that this unfair tax should be raised as a consequence.
As ever, there are conditions.
The threshold has only be raised for couples.
As ever, single people (who live alone) miss out yet again.
The tax system already discriminates against single people and this only increases the burden.
Council Tax for example is based on the value of the property and not on how many people actually live in the property. Thus, a single person pays the same amount as a household with 4 or 5 persons (of which 2 or more could in theory be in full time employment).
The proposed water tax is going to be exactly the same.
It really is about time some political party highlighted this issue, or am i the only one who feels cheated in this way?
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