{"id":161531,"date":"2025-09-22T17:53:06","date_gmt":"2025-09-22T17:53:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/161531\/"},"modified":"2025-09-22T17:53:06","modified_gmt":"2025-09-22T17:53:06","slug":"death-and-taxes-inheritance-levy-has-become-an-ageist-lottery-for-me-inheritance-tax","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/161531\/","title":{"rendered":"Death and taxes \u2013 inheritance levy has become an ageist lottery for me | Inheritance tax"},"content":{"rendered":"<p class=\"dcr-130mj7b\">I am 83 next birthday and, so that my descendants escape the potential inheritance tax bill of \u00a36m-plus, I\u2019ll have to survive until October 2032 (<a href=\"https:\/\/www.theguardian.com\/business\/2025\/sep\/16\/family-firms-labour-tax-rises-manufacturers\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">\u2018Our plans could be derailed\u2019: family firms say Labour tax rises will force fire sales, 16 September<\/a>). My firm is property-based. In the event of an earlier demise, sites will require disposal within six months, cruelly affecting investment, growth\u00a0and employment.<\/p>\n<p class=\"dcr-130mj7b\">In my case the tax has turned into an ageist lottery. At the moment plans are afoot to rig up a life-support unit at home with an instruction to pull the plug on the appointed day, seven years hence. Any suggestions for relief, Rachel?<br \/>Robert Thomas<br \/>Chairman, Remarkable Pubs<\/p>\n<p class=\"dcr-130mj7b\"> Have an opinion on anything you\u2019ve read in the Guardian today? Please <a href=\"https:\/\/www.theguardian.com\/money\/2025\/sep\/22\/mailto:guardian.letters@theguardian.com?body=Please%20include%20your%20name,%20full%20postal%20address%20and%20phone%20number%20with%20your%20letter%20below.%20Letters%20are%20usually%20published%20with%20the%20author%27s%20name%20and%20city\/town\/village.%20The%20rest%20of%20the%20information%20is%20for%20verification%20only%20and%20to%20contact%20you%20where%20necessary.\" data-link-name=\"in body link \" https:=\"\" rel=\"nofollow noopener\" target=\"_blank\">email<\/a> us your letter and it will be considered for publication in our <a href=\"https:\/\/www.theguardian.com\/tone\/letters\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">letters<\/a> section.<\/p>\n","protected":false},"excerpt":{"rendered":"I am 83 next birthday and, so that my descendants escape the potential inheritance tax bill of \u00a36m-plus,&hellip;\n","protected":false},"author":2,"featured_media":161532,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[64,63,99,186,184,185],"class_list":{"0":"post-161531","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-finance","12":"tag-personal-finance","13":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/161531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=161531"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/161531\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/161532"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=161531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=161531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=161531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}