Four in 10 people fear the UK Government will increase the current 40 per cent Inheritance Tax (IHT) rate to help cover the cost of the COVID-19 pandemic. The findings, from research by Tower Street Finance among 2,000 UK adults, revealed more than half (54 per cent) think the Government is set to hike the rate of IHT to 50 per cent, three in ten fear a rise to 60 per cent and one in seven predict it could rise to 70 per cent.
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