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Starmer used land tax dodge to avoid inheritance tax (www.thecanary.co)

submitted 6 days ago by BrikoX@lemmy.zip to c/unitedkingdom@feddit.uk

7 comments fedilink hide all child comments

Keir Starmer has been accused of – and neither he nor No 10 have denied – that he used a tax dodge to avoid inheritance tax on his parents’ estate, by giving them land through a ‘trust’ that would ultimately come back to him along with the rest of their estate, without incurring inheritance tax.

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[–] FarceOfWill 13 points 6 days ago

So he gave them something and the...canary... is sad he didn't then have to pay inheritance tax on something he gifted when it came back to him?

Shit stirring tbh. He could've just kept it the whole time but wanted his parents to feel ownership and independence. This isn't a tax dodge it's just how tax rules work.