Badenoch Pledges Inheritance Tax Cuts for Family Homes
Key Takeaways
- Kemi Badenoch pledged to scrap inheritance tax on family homes.
- Couples would be able to leave up to £1m tax-free under the proposal.
- The policy is estimated to cost £6bn annually, funded by government savings.
- Badenoch rejected any electoral pact with Reform UK, calling the Tories a 'no-nonsense' party.
Conservative Party leader Kemi Badenoch used her keynote conference speech in Birmingham to announce plans to scrap inheritance tax on family homes and allow couples to pass on up to £1m tax-free. Although she ultimately aspires to abolish the tax entirely when finances permit, current commitments prevent an immediate total repeal. Badenoch framed the Conservatives as a revitalized, 'no-nonsense' party distinct from Labour and Reform UK.
The proposed policy, estimated to cost £6bn annually and funded through government savings including welfare cuts, aims to lift the tax burden off ordinary middle-class families. However, political rivals criticized the move as a measure favoring the wealthy. Badenoch also ruled out any electoral alliance with Reform UK, appealing directly to disillusioned voters to return to the Conservative fold.
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