Bombshell plans to ABOLISH hated inheritance tax drawn up by Kemi Badenoch to take fight to ‘weak on economy’ Labour

KEMI Badenoch plans to abolish inheritance tax if the Tories win the next general election. The Conservative leader is hoping to announce the plan in her big party conference speech next month, a source told The Sun on Sunday. Kemi Badenoch plans to abolish inheritance tax if the Tories win the next general election Credit: Getty Andy Burnham has been criticised by the Tory leader as a tax-and-spend PM — as the economy shapes up to be a key battleground at the next election Credit: PA Mrs Badenoch has criticised Andy Burnham as a tax-and-spend PM — as the economy shapes up to be a key battleground at the next election. A Tory source said: “Kemi’s team think Labour are weak on the economy and plan to go hard on tax ahead of the election. Sign up for the Politics newsletter Thank you! “Last year she said the Tories will abolish stamp duty on homes. “This year they are looking to see if they can scrap inheritance tax if they can make the sums add up. It’s all about inspiration.” Inheritance tax of 40 per cent has to be paid on everything above £325,000. That threshold rises to £500,000 if a home is left to children or grandchildren. The tax is hugely unpopular as it often means those who inherit a family home are forced to sell to cover the bill. The Party conference, in Birmingham next month, is expected to be packed with policy announcements in case the PM calls an early election. Most read in The Sun A Conservative spokesman said: “We have not decided our policy platform for the conference. “Kemi has made no secret of her desire to cut taxes, singling out inheritance tax as one of those taxes she wants to cut in a speech last week.” Comment now