StatCounter

Sunday 14 February 2010

'In this world nothing can be said to be certain, except death and taxes."

Under this Labour government it seems that death will mean an extra incurring of taxation as The Telegraph reports that:
"The Tories have accused ministers of secretly planning a 10 per cent “death tax” to help pay for long-term care for the elderly and infirm.

They said the tax would be levied on estates in addition to inheritance tax, penalising families with large homes or other substantial assets.

The Conservatives ratcheted up the pressure after it emerged that Ipsos-Mori, the polling company, was testing public opinion on the option. "
Tax, tax, tax; that's what Labour do best and now it looks as though they will be implementing at least one new tax on the dead's estate, in addition to inheritance tax.

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