James Forsyth James Forsyth

Gordon Brown claims his inheritance tax policy recognises marriage

Despite what the headline might make you think, this item is not an April Fool. In a web chat with Saga magazine, Brown said:

“We made it possible for people to transfer their allowances so…between husband and wife…and that means widows for example can have the full benefit of the husband’s previous allowance, and that meant for a large number of people the effective point at which they started paying inheritance tax was above £600,000.

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