Quote:
Originally Posted by Paul
Yes, but this should apply to anything, I disagree with inheritance tax in general, if you are passing it on to your spouse, or children.
[ And no, before anyone asks, I dont have "assets" high enough in value to be taxed ]
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Don’t disagree Paul, if you are left a house by your parents, or grand parents, and you intend to live in it, no tax.
But if you’re left a property, and you flog it, ……..taxed.
This is the thing, it’s extremely difficult to get on the housing ladder, so if you can leave your children or grand children a house they can live in…….surely that’s good for everybody.