Petition · past parliament · HM Treasury

Abolish Inheritance Tax or increase tax-free amount

Closed 225 signatures

What the petition asks

I want the government to abolish inheritance tax or at least increase tax-free amount.
The government should abolish inheritance tax or at least increase the tax-free threshold. We believe 40% of over £325,000 is an extortionate amount of money for a single person to have to pay. Especially when a lot of this money would have been taxed, taxed again, and taxed once more.

As if losing a loved one isn’t bad and upsetting enough, then to find out they worked hard their whole lives for the UK government to take so much money away from the people they had to leave behind.

Timeline

18 Jan 2024 Petition opened for signatures
29 May 2024 Closed to new signatures

Key facts

Signatures 225
Status Closed
Department HM Treasury
Opened 18 Jan 2024
Closed 29 May 2024

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Source: the official petition page. Last checked 15 Jul 2026.