Why inheritance tax isn’t top of my autumn statement wish list
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Narrated by Johanna Noble
The kick-off is around midday on Wednesday. But instead of happy fans it will be MPs booing and cheering in their seats as Jeremy Hunt tries to score some political goals with his autumn statement.
And, as before any big fixture, the pundits have been giving their usual steady stream of predictions. A change to inheritance tax is at the top of the list with many industry experts tipping it as highly likely (although latest rumour suggests they might delay this until the spring budget).
It would be a win-win for the chancellor: it’s one of the most hated taxes so scrapping or reducing it would be a real crowd-pleaser. It’s also cheap (in fiscal terms) because ditching it would cost the Treasury only £7
