{"id":83,"date":"2005-12-28T07:08:57","date_gmt":"2005-12-28T07:08:57","guid":{"rendered":"http:\/\/www.ukhomeideas.co.uk\/ideas\/home-finance\/uk-house-prices\/one-in-three-detached-property-owners-face-inheritance-tax"},"modified":"2016-03-12T12:24:43","modified_gmt":"2016-03-12T12:24:43","slug":"one-in-three-detached-property-owners-face-inheritance-tax","status":"publish","type":"post","link":"http:\/\/www.ukhomeideas.co.uk\/ideas\/home-finance\/uk-house-prices\/one-in-three-detached-property-owners-face-inheritance-tax\/","title":{"rendered":"One in Three Detached Property Owners face Inheritance Tax"},"content":{"rendered":"

A house sitting on a heap of money<\/p>\n

Inheritance tax was once only a concern for the wealthy – but now many homeowners are having to plan for Inheritance Tax for the first time.<\/p>\n

According to new research from the Halifax, rising house prices mean 31% of detached property sales in the UK are now above the Inheritance Tax threshold of \u00c2\u00a3275,000.<\/p>\n

Five years ago, only 13% of detached property sales were above the Inheritance Tax threshold.<\/p>\n

From 1997 to 2004, the Inheritance Tax threshold has increased by 22% – broadly similar to inflation – but completely out of step with house prices which have risen by 129% – leading to a boom in revenue from Inheritance Tax.<\/p>\n

The government now raises as much revenue from Inheritance Tax as it does from Beer and Cider duties – \u00c2\u00a33.4bn.<\/p>\n

web:<\/strong> http:\/\/www.hbosplc.com<\/p>\n","protected":false},"excerpt":{"rendered":"

Inheritance tax was once only a concern for the wealthy – but now many homeowners are having to plan for Inheritance Tax for the first time. According to new research from the Halifax, rising house prices mean 31% of detached property sales in the UK are now above the Inheritance Tax threshold of \u00c2\u00a3275,000. Five years ago, only 13% of detached property sales were above the Inheritance Tax threshold. From 1997 to 2004, the Inheritance Tax threshold has increased by 22% – broadly similar to inflation – but completely out of step with house prices which have risen by 129% … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[220],"tags":[],"_links":{"self":[{"href":"http:\/\/www.ukhomeideas.co.uk\/ideas\/wp-json\/wp\/v2\/posts\/83"}],"collection":[{"href":"http:\/\/www.ukhomeideas.co.uk\/ideas\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.ukhomeideas.co.uk\/ideas\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.ukhomeideas.co.uk\/ideas\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.ukhomeideas.co.uk\/ideas\/wp-json\/wp\/v2\/comments?post=83"}],"version-history":[{"count":1,"href":"http:\/\/www.ukhomeideas.co.uk\/ideas\/wp-json\/wp\/v2\/posts\/83\/revisions"}],"predecessor-version":[{"id":7569,"href":"http:\/\/www.ukhomeideas.co.uk\/ideas\/wp-json\/wp\/v2\/posts\/83\/revisions\/7569"}],"wp:attachment":[{"href":"http:\/\/www.ukhomeideas.co.uk\/ideas\/wp-json\/wp\/v2\/media?parent=83"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.ukhomeideas.co.uk\/ideas\/wp-json\/wp\/v2\/categories?post=83"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.ukhomeideas.co.uk\/ideas\/wp-json\/wp\/v2\/tags?post=83"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}