Sunday, February 14, 2016

Relate Inheritance tax in EU to per capita income using USA as a base then UK would not have a housing problem George Osborne

Rising house prices are hitting Osborne in the pocket | The ...

www.theweek.co.uk › House prices
An overhaul of the up-front taxes paid on property sales has resulted in a fall of .... living with their parents expecting not to be able to afford their own home until the age of 35. ... House prices in London and the south-east and east of England will ... expensive" - this could keep price rises at five per cent a year up to 2020.

Why - because in the USA 

The federal estate tax exemption—that's the amount an individual can leave to heirs without having to pay federal estate tax—will be $5.43 million in 2015, up from $5.34 million for 2014. That's another $90,000 that can be passed on tax-free. The top federal estate tax rate is 40%.Oct 30, 2014

IRS Announces 2015 Estate And Gift Tax Limits - Forbes

www.forbes.com/sites/.../10/.../irs-announces-2015-estate-and-gift-tax-limit...
but in the UK

Budget 2015: How inheritance tax changes affect you ...

www.telegraph.co.uk › ... › How does the Budget affect me?
Jul 8, 2015 - Chancellor George Osborne announced today that he will raise the inheritance tax (IHT) 
threshold from £325,000 per person to £500,000.
USA - $55,904
US family man can leave his family in 2015 £3,744,180.48 but in the UK only £325,000 - WHY?
In the USA the per capita income is approximately 25% more than the family man in the UK 
However in the USA the family man is allowed to leave 11.520553846% more to his family than 
the UK family man - WHY. We hope to cover more EU countries to show the inequality in IHT
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)