Kemi Badenoch says Tories would scrap inheritance tax on family homes

Live updates

1. 1h ago

   Badenoch Pledges Inheritance Tax Axe on Family Homes

   Conservative leader Kemi Badenoch announced plans to eliminate inheritance tax on family homes during her conference speech in Birmingham. Badenoch stated that no family properties would face the levy if her party wins power, while couples would receive an additional one million pound tax-free allowance. She framed the policy as a £6billion tax cut targeting middle-class homeowners and aiming to position the Conservatives as the party of home ownership. Badenoch also committed to cutting jobs tax and abolishing stamp duty and mansion taxes on primary residences.

   Why it matters

   The announcement serves as a major pitch to middle-class voters as the party attempts to rebuild following its 2024 election defeat. Badenoch used her closing speech to attack the Labour government and rule out any political deal with Nigel Farage and Reform UK. The proposed changes would reduce the number of families paying inheritance tax by more than half.

   What is confirmed

   • Kemi Badenoch vowed to axe death duties on family homes and cut jobs tax during her speech closing the Conservative conference in Birmingham.
   • Couples would receive an additional million pound allowance not subject to the inheritance tax levy under the proposed policy.
   • The Conservative leader stated the changes would mean the number of families paying inheritance tax would fall by more than half.

   Still unconfirmed

   • Critics have argued that Kemi Badenoch's pitch for power is incoherent.

   What to watch next

   • Reactions and formal policy responses from the Labour government regarding the proposed tax cuts
   • Further details on how the Conservatives plan to fund the £6billion tax cut
   Sources used for this update (14)

   1. The New York Times — The Fight for Britain’s Right: Are the Conservatives Ready for a Reboot?
   2. www.dailymail.com — Kemi lashes Labour's 'doom loop': Badenoch says Tories are 'coming back' as she vows to cut jobs tax and death duties in Tory speech
   3. BBC — Kemi Badenoch says Tories would scrap inheritance tax on family homes
   4. BBC — 'Kemi's family home pledge' and 'Badenoch invokes core Tory values'
   5. Reuters — UK Conservative leader pledges to abolish inheritance tax on family homes
   6. The Economist — Kemi Badenoch's pitch for power is incoherent
   7. Sky News — Politics latest: Greens 'wrong' to pass 'Zionism is racism' policy, says PM - as polls close in Holborn and St Pancras
   8. www.bbc.com — Kemi Badenoch says Tories would scrap inheritance tax on ...
   9. www.independent.co.uk — Badenoch vows to scrap inheritance tax on family homes
   10. www.gbnews.com — Kemi Badenoch vows to SCRAP inheritance tax on family homes
   11. www.chroniclelive.co.uk — Kemi Badenoch vows to scrap inheritance tax on family homes in 'battle for the nation' | Chronicle Live
   12. news.stv.tv — Tories would scrap inheritance tax on family homes, Badenoch ...
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