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Call for death duty reform

By Charles King

Inheritance tax should be abolished and replaced with a new system attracting greater public support by being fairer to families and harder to avoid, according to a think-tank report.

Inheritance income has doubled over the last 20 years – hitting over £100bn in 2015-16 – and is forecast to double again over the next two decades as Britain’s record levels of wealth is passed on through families.

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