Inheritance tax freeze

SIR – By the time the inheritance tax threshold is revisited, it will have been frozen for 20 years (Business, November 18). This is unconscionable.

I am in my late seventies and by the time some possible easement is on the horizon, the heirs of parents with assets of more than £325,000 will face the virtual confiscation of 20 years’ asset growth. Jolly nice for the Government, jolly unfair on those who have worked to make sure their children have a good start in life.

It is time to break the triple lock and abolish inheritance tax – the most loathed tax because it is effectively double taxation. It doesn’t even raise much money and, like capital gains tax, is a brute to administer.

Lauren Groom

Teffont Evias, Wiltshire