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Reform UK Promises Inheritance Tax Abolition to Attract Wealth

11/6/2025

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Story summary
  • Reform UK plans to abolish inheritance tax if it wins the next election, according to Richard Tice, deputy leader of Reform UK.
  • Tice argues the tax drives entrepreneurs away from Britain.
  • Eliminating inheritance tax would attract successful individuals back to the UK.
  • He proposes reforms to Individual Savings Accounts (ISAs) and financial regulations to enhance the UK's appeal to wealth creators.