Yesterday, 19:38
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#88
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067
Join Date: Jul 2007
Location: Middlesbrough
Age: 50
Services: Many
Posts: 5,106
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Re: Andy Burnham’s chronicles
Quote:
Originally Posted by damien c
That would be inheritance tax depending on the value of the house and who it's left to and the value of the house.
If my mum and dad were to leave me their house, and one of them passed and the house was worth £550k (it's not) but I would have to find £20K from somewhere, if I couldn't find it, and the remaining parent couldn't, the house would be taken, we would lose it because we would be forced to sell it, to pay the inheritance tax.
Now I know that is not Reeves who set that, it was done before her, but she could have changed it to increase the value of home before paying it, but no, she kept it as it is and instead decided to implement policies that actually caused a bloke to commit suicide, someone who potentially is a relative of mine, but I am not sure as I have not done a family tree.
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I’m sorry to hear that , and thanks for explaining.
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