How an IHT overhaul could solve the pensions crisis

Updated
Caring woman hands over elderly hands
Caring woman hands over elderly hands

Inheritance tax (IHT) is arguably one of Britain's most hated taxes but could the money it nets be used for a greater purpose?

IHT shouldn't really matter to you because by its nature, at the time it's levied you'll be 6ft under the ground. But still it runs contrary to the British notions of fairness, as you're essentially paying tax on money that's already been taxed in your lifetime – either income tax on earned money or capital gains tax on investment gains.

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