The Conservative Party has unveiled plans to abolish inheritance tax on family homes and allow couples to pass on an extra £1 million tax-free to their heirs, a move aimed at appealing to wealthier voters. Critics argue the proposals disproportionately benefit the affluent, raising concerns about the party’s focus on tax cuts for higher earners. With the leader rejecting calls to broaden support beyond its core base, the strategy risks deepening divisions within the right-wing coalition. The announcement comes as the Conservatives seek to strengthen their position in traditionally loyal southern regions.
Party hopes to win over affluent middle-class voters as leader rejects calls to ‘unite the right’ in conference speechKemi Badenoch has announced that the Conservatives would abolish inheritance tax on family homes if elected, prompting criticism that she is prioritising cutting taxes for the rich.The Tory leader also said couples would be able to leave an additional tax-free sum of £1m to their families, as the party attempts to shore up its traditional base in southern England. Continue reading...
