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