Badenoch pledges inheritance tax changes as she pitches Tories as 'no-nonsense' party
Summary
Conservative Party leader Kemi Badenoch promised to cut inheritance tax on family homes and raise the tax-free inheritance amount for couples to £1 million. She said a future Conservative government would remove this tax when affordable but cannot do so now due to current spending needs.Key Facts
- Kemi Badenoch is the leader of the Conservative Party.
- She plans to scrap inheritance tax on family homes.
- The tax-free inheritance amount for couples would increase to £1 million.
- The Conservative Party estimates this change would cost about £6 billion per year.
- They say £71 billion in government spending savings, including welfare cuts, can cover this cost.
- Badenoch emphasized her party as practical and different from Reform UK and Labour.
- She rejected making election deals with Reform UK.
- Badenoch criticized Labour leader Andy Burnham and highlighted Conservative efforts to regain voter trust.
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