Budget 2012 at a glance: George Osborne's key points

[Corrupt]

http://www.bbc.co.uk/news/uk-politics-17449501

Key points of the new 2012 Budget for anyone interested. Some surprises in there.

[shermbodius]

Corrupt, at least you Brits can have a budget. We can't get our act together on this side of the pond.

[wotsnext]

I cant see anything about inheritance tax?

[LineDoggie]

I cant see anything about inheritance tax?

So tax it twice, how nice....

[wotsnext]

So tax it twice, how nice....

Indeed, the Tories manifesto pledged to increase the threshold to £500,000, never happend.

[Corrupt]

So tax it twice, how nice....

http://www.hmrc.gov.uk/inheritancetax/intro/basics.htm

0% on estates/trusts worth up to £325,000. 40% on every pound above that.

Don't several US states operate an inheritance tax?

[Mr Gently Benevolent]

http://www.hmrc.gov.uk/inheritancetax/intro/basics.htm

0% on estates/trusts worth up to £325,000. 40% on every pound above that.

Don't several US states operate an inheritance tax?

They do indeed, its often referred to as the "the death tax".

[CMNot]

Stunned that people earning 50k can get any sort of benefit what-so-ever. Absolutely incredible. And to think the yanks gripe about food stamps, they'd **** a brick at the pigate handouts available here.

If my dodgy choice of philanthropy carries on, I'm ecstatic about paying no income tax next year.