UK Individuals’ Inheritance Stories & Tax Impact for The Guardian
Last November, ahead of G20 meetings in Johannesburg, South Africa, economists warned in a report that more than $70tn (£53tn) of inherited wealth will pass down the generations across the world over the next decade, significantly widening inequality. Meanwhile, changes to UK inheritance tax rules, including reforms to business and agricultural tax breaks, have prompted some families to reconsider how and when they pass on assets.
We’d like to hear how inheritance – or the lack of it – is shaping your life. Are you expected to inherit money and do you look upon it as a way to get ahead? Perhaps you do not expect inheritance to be part of your life at all? How do you feel if you do not expect inheritance to be part of your life at all? Are you the one doing the giving to help your children? Have tax changes affected your decision?
Please share your story if you are 18 or over, anonymously if you wish.
The Guardian
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