No death tax for crisis staff
FIREFIGHTERS, police officers and ambulance staff could be excluded from paying inheritance tax when death is caused by injury while on duty in a review announced yesterday.
Chancellor George Osborne said the change would be considered to help those who: “give their lives protecting us”.
Inheritance tax, which has a current threshold of £325,000, is usually paid on an estate when a person dies and is sometimes payable on trusts or gifts.
The tax is payable at 40 per cent on the amount over this threshold.