Petition
Abolish Inheritance Tax to attract investment and strengthen the UK economy
Rejected
10 signatures
What the petition asks
The Government should abolish IHT and replace it with a fairer, growth-focused system that encourages saving, entrepreneurship and investment. Removing IHT would strengthen the UK economy, attract global capital and support families and small businesses.
IHT raises only about 1% of UK revenue yet discourages saving, investment and family business growth.
Removing it would attract overseas capital, encourage long-term investment and help retain wealth and talent in Britain.
Several successful economies such as Hong Kong and Australia have no IHT, showing that low-tax environments can draw international funds and strengthen fiscal stability.
Abolishing IHT would make the UK more open, competitive and globally attractive.
Removing it would attract overseas capital, encourage long-term investment and help retain wealth and talent in Britain.
Several successful economies such as Hong Kong and Australia have no IHT, showing that low-tax environments can draw international funds and strengthen fiscal stability.
Abolishing IHT would make the UK more open, competitive and globally attractive.
Why it was rejected
There was already a petition about this issue. Duplicates are rejected so signatures collect in one place.
You may wish to sign this petition which calls for similar action: Abolish inheritance tax
Timeline
| 9 Nov 2025 | Petition opened for signatures |
| 9 Dec 2025 | Rejected by the Petitions Committee |
Key facts
Signatures
10
Status
Rejected
Rejected
9 Dec 2025
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Source: the official petition page. Last checked 27 Aug 2026.