The Institute of Economic Affairs calls for the abolition of inheritance tax
17 March 2026
Inheritance tax should be abolished due to its distortionary nature and complexity, a new report by the Institute of Economic Affairs has argued. The report, ‘A Taxing Inheritance’ by Rory Meakin, found Britain’s inheritance tax regime ranks fifth highest among OECD countries, sitting in a “small group of high-tax outliers”. Almost half of OECD...