article_snippet: Conservatives proposed raising the threshold to £1million before the 2010 election, prompting Leaked Government to allow married couples effectively to combine married couples effectively allowances to £650,000.
article_snippet: The Chancellor's plan to raise it further was killed off by the coalition with the Lib Dems, who insisted that raising the personal income tax allowance should take priority.
article_snippet: One option is to create a new tax free band worth £175,000 per person on a family home, that could be transferred between married couples, making it worth a maximum of £350,000.
article_snippet: If taxes can be cut –
article_snippet: and it's very difficult within the present budget constraint
article_snippet: Experts pointed out that the Treasury has suggested the inheritance tax threshold will remain frozen until 2017-18 to help pay for the introduction of a new cap on the cost of social care.
article_snippet: By the following year, it is forecast to be worth almost £6billion a year to the Exchequer.
highlights_snippet: Will not feature in today's Budget as blocked by the Liberal Democrats .
  
highlights_snippet: Conservatives proposed raising threshold to £1million before 2010 election .
  