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Story summary
- Kemi Badenoch says she would abolish inheritance tax if she becomes Prime Minister.
- Inheritance tax charges 40% on estates above £325,000, rising to £1 million when a home is passed on.
- Sources estimate scrapping the levy would cost £9 billion and be funded by welfare cuts.
- An Adam Smith Institute poll shows 45% of Britons oppose inheritance tax while 25% support it.