Reform UK, led by Richard Tice, would cut Stamp Duty rates and scrap inheritance tax on estates worth less than £2 million.

Glentree boss Trevor Abrahmsohn says that with the 6th March Budget looming the Chancellor should be looking to ease the burden of Inheritance Tax.

Downing Street says talk of inheritance tax cuts are wide of the mark and that fewer than 4% of estates paid the tax.

Chancellor Jeremy Hunt is preparing for his Autumn Statement but Winkworth boss Dominic Agace worries some tax and VAT cuts would be self-defeating.

Chancellor Jeremy Hunt delivers the Autumn statement next week and agents are on tenterhooks as to what he has in store for the PRS.

Latest IHT tax data shows receipts from April to September 2023 were £3.9 billion, which is £0.4 billion higher than the same time last year.

Managing Director Michael Cook also wants court, planning and greenbelt reform, an increase in social housing and an end to inheritance tax.

Glentree International boss Trevor Abrahmsohn says ditching Inheritance Tax would be a welcome bonus for all and might also keep a few Tory MPs in their jobs.