Conservative leader Kemi Badenoch says a future Conservative government would scrap inheritance tax on family homes, alongside pledges to reduce government spending. Speaking at the party’s conference, she says the policy would mean “nobody will ever pay” inheritance tax on a family home, and that couples would be allowed to leave an additional £1 million tax-free to their children.
Outlets report that Badenoch also sets out a wider package aimed at “keeping more” of what people earn and reducing welfare spending. She criticises Labour’s approach to disability and welfare, and frames her inheritance tax proposal as prioritising home ownership. Bloomberg and other reports note the move is also intended to help Conservatives regain voters and sharpen contrasts with Labour and Reform UK.
Criticism appears in several accounts, with opponents and commentators accusing the Conservatives of focusing on higher-income or “rich” voters, particularly those with valuable family assets. Badenoch says she is not seeking to “unite the right” with Reform and instead argues for a Conservative course that, she says, protects journalists and recognises England’s diversity. She also links the fiscal plan to commitments including deficit reduction and additional defence spending.
