Complaints over new tax rules

Thousands of people are complaining about the government’s proposals for an increase in the inheritance tax threshold that excludes people without children, says the Sunday Times.

The ‘family home allowance’ that will start at £100,000 in 2017 and rise to £175,000 in 2020 will only apply to people with a property who leave it to children or grandchildren. Yet in 2012 there were 1.2 million childless couples in the UK.
There is plenty of time for the new scheme to be adjusted before 2017, and there will undoubtedly be heavy lobbying pressure on the government to do so.