{"id":62279,"date":"2026-10-07T22:21:46","date_gmt":"2026-10-07T22:21:46","guid":{"rendered":"https:\/\/news.godj.com\/news\/inheritance-tax-whats-in-the-conservatives-plan-and-who-benefits\/"},"modified":"2026-10-07T22:21:46","modified_gmt":"2026-10-07T22:21:46","slug":"inheritance-tax-whats-in-the-conservatives-plan-and-who-benefits","status":"publish","type":"post","link":"https:\/\/news.godj.com\/news\/inheritance-tax-whats-in-the-conservatives-plan-and-who-benefits\/","title":{"rendered":"Inheritance tax: What’s in the Conservatives’ plan and who benefits?"},"content":{"rendered":"


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Under the current system, inheritance tax of 40% is paid when someone’s estate – the total value of their money and property – exceeds \u00a3325,000. Anything under this amount is not taxed.<\/p>\n

And, when a person dies, they can currently transfer this tax-free allowance to a surviving spouse or civil partner which increases the combined threshold for a couple to \u00a3650,000.<\/p>\n

On top of this individuals can get an additional transferable allowance for a family home of \u00a3175,000 each when it is left to children or other direct descendants.<\/p>\n

So at present most married couples can potentially leave \u00a31m without paying inheritance tax.<\/p>\n

The Conservative plan would increase the \u00a3325,000 threshold – the point at which you start paying the tax – to \u00a3500,000 and fully exempt a family home from inheritance tax.<\/p>\n

At the moment an estate with a \u00a32m house could be liable for \u00a3400,000 in inheritance tax. That would reduce to zero under the Conservatives.<\/p>\n<\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Under the current system, inheritance tax of 40% is paid when someone’s estate – the total value of their money and property – exceeds \u00a3325,000. Anything under this amount is not taxed. And, when a person dies, they can currently transfer this tax-free allowance to a surviving spouse or civil partner which increases the combined […]<\/p>\n","protected":false},"author":1,"featured_media":62280,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[66],"tags":[6205,3100,2276,127,2277,645],"class_list":["post-62279","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reality-check","tag-benefits","tag-conservatives","tag-inheritance","tag-plan","tag-tax","tag-whats"],"_links":{"self":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/62279","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/comments?post=62279"}],"version-history":[{"count":1,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/62279\/revisions"}],"predecessor-version":[{"id":62281,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/62279\/revisions\/62281"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/media\/62280"}],"wp:attachment":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/media?parent=62279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/categories?post=62279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/tags?post=62279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}