Birdwatch Note Rating
2023-12-31 19:42:54 UTC - NOT_HELPFUL
Rated by Participant: C818901FAF1FB802E7B588D62CFF8FE90A9E0939B7C7638F28628C815A2E800F
Participant Details
Original Note:
While Duncan Smith expresses an opinion here, the claim that inheritance tax is a "tax on a tax" is factually incorrect. Currently, 4% of beneficiaries pay tax when they inherit an estate they have not previously paid tax on, although that is set to rise to 7% by 2032. https://www.gov.uk/inheritance-tax# https://ifs.org.uk/publications/reforming-inheritance-tax
All Note Details