SNP calls for devolution of inheritance tax to Holyrood



Chancellor Philip Hammond is facing calls transfer control over inheritance tax to Holyrood to enable Scottish politicians to crack down on tax avoidance and evasion.
SNP Treasury spokeswoman Alison Thewliss yesterday described inheritance tax as “not fit for purpose” pointing to wealthy individuals, who are exploiting loopholes to avoid paying the full amount.
Ms Thewliss’s plea came amid growing signs that more people are avoiding or evading paying the tax imposed on the estates of deceased people when they are passed on to loved ones.
The tax, which is under Westminster control, is... read more

 
10 August 2018 in Politics, Views: 53
Source: Scotsman
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