Magazine
Latest Issue

Better bequests

Governments should encourage us to leave wealth not to our children, but to our grandchildren

By David Halpern   November 2007

A few days before George Osborne’s inheritance tax announcement at the Tory party conference, there was a gathering in Oxford of leading experts on the tax. They agreed on two key points. First, that inheritance tax could be robustly defended on moral and fiscal grounds, and second, that there was no chance any major party would seek to radically reduce it. So much for the experts.

In the wake of the government’s copycat announcement that it was to double the inheritance tax threshold for couples, Polly Toynbee, who was at the Oxford seminar, wrote that it was “the week that…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

We want to hear what you think about this article. Submit a letter to letters@prospect-magazine.co.uk

More From Prospect