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Badenoch Proposes Inheritance Tax Cuts at Conservative Conference

By Drooid · Oct 7, 2026, 5:14 PM UTC · How we work

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Kemi Badenoch announced plans to cut inheritance tax at the Conservative conference in Birmingham.
Inheritance tax currently charges a 40% rate on estates above £325,000, or £500,000 for homes left to children.
Critics say the cut would mainly benefit wealthy estates while risking reductions in welfare support and minimum-wage protections.
Shadow chancellor Andrew Griffith said the Conservatives intend to eliminate at least one tax each budget.

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Story summary

Kemi Badenoch announced plans to cut inheritance tax at the Conservative conference in Birmingham.
Inheritance tax currently charges a 40% rate on estates above £325,000, or £500,000 for homes left to children.
Critics say the cut would mainly benefit wealthy estates while risking reductions in welfare support and minimum-wage protections.
Shadow chancellor Andrew Griffith said the Conservatives intend to eliminate at least one tax each budget.