IHT changes unfair on London, MP says

15th April 2016

Sutton and Cheam MP Paul Scully has criticised proposals to change the IHT, paid at 40% if a person's estate, including their property, is worth more than £325,000. Mr Scully said Londoners were more likely to be hit because the average price of property in the capital is £530,368, compared with £190,275 elsewhere in England and Wales.

Evening Standard (11/04/2016)