About Darling's inheritance tax "giveaway"

[lilelvis2000]

Kinda like the 2p drop in personal tax, which really wasn't, especially if you are low income. In which case you actually pay MORE!

[wendigo100]

Thanks to someone the PCG for pointing out this contribution in the FT Discussions...

Any financial adviser or solicitor will already have picked up that in raising the threshold for married couples to £ 600K (they already have £300,000 each) the chancellor has given nothing.

This is because couples can already use will trusts to give two allowances, one in the first death and one on the second, and many hundreds of thousand of people have already done this.

His cynical action just brings this into play for the remainder, without it costing him a bean. Clever, isn't it!

This government really are full of sh1t aren't they!