Understanding attitudes to IHT in the face of reform
To paraphrase Benjamin Franklin there are two certainties in this world, death and taxes, and it therefore stands to reason that nothing could be more certain than Inheritance Tax (IHT). With the Institute for Fiscal Studies (IFS) making a renewed call for reform of IHT relief, it provides a good opportunity to look at public perception of IHT, how it works in practice, and whether any kind of reform is on the horizon.