Petition · HM Treasury

Increase all inheritance tax thresholds: singles £1M, married couples £2M

Open for signatures 16 signatures

What the petition asks

Increase inheritance thresholds:
Single person raise to £1,000,000
Married couple raise to £2,000,000
Tax free gifting £ 10,000
We believe inheritance tax thresholds are out of date, when average house price is around £500,000 in the South East, many people will be subjected to 40% IHT

Timeline

19 Aug 2026 Petition opened for signatures

Key facts

Signatures 16
Status Open for signatures
Department HM Treasury
Opened 19 Aug 2026

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Source: the official petition page. Last checked 20 Aug 2026.