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Sun, 14 July 2024

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Saga welcomes Osborne’s inheritance tax reforms

Saga

1 min read Partner content

Paul Green, Sagas director of communications said:

“George Osborne’s instincts are right – people want to pass something on to their family and inheritance tax should be for the really wealthy not a burden on middle Britain who just happen to have lived in a property hot spot. It’s great that the Chancellor has listened to the Saga generations.”

In a poll of more than 10,000 over 50s two thirds (65%) thought that the main family home should be excluded from inheritance tax calculations. There are now many parts of the country where just owning a relatively modest home puts you in the frame for paying inheritance tax.

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Podcast
Engineering a Better World

The Engineering a Better World podcast series from The House magazine and the IET is back for series two! New host Jonn Elledge discusses with parliamentarians and industry experts how technology and engineering can provide policy solutions to our changing world.

NEW SERIES - Listen now