article_snippet: Official forecasts suggest the number of families paying death duties will double over the next five years unless the current threshold of £325,000 is raised.
article_snippet: Leaked Government documents suggest that the majority of estates currently liable would be lifted out of tax under plans drawn up for the Tories.
article_snippet: the majority of estates currently liable would be lifted out of tax under plans drawn up for the Tories will not feature in today's Budget because the majority of estates currently liable would be lifted out of tax under plans drawn up for the Tories has been blocked by the Lib Dems .
article_snippet: the majority of estates currently liable would be lifted out of tax under plans drawn up for the Tories will not feature in today's Budget because the majority of estates currently liable would be lifted out of tax under plans drawn up for the Tories has been blocked by the Liberal Democrats.
article_snippet: David Cameron believes families who do not feel 'in any way mega-rich' are being dragged into the tax bracket, according to Government sources.
article_snippet: The leaked documents show that by adding the existing maximum combined allowance for couples of £650,000 to the new maximum relief of £350,000, properties up to £1million would escape inheritance tax.
article_snippet: the scheme will allow you to say you are exempting those with modest homes from inheritance tax (with up to £1million of assets) exempted in certain circumstances,' the paper states. '
article_snippet: This reflects the concern raised by the public about rising house prices increasingly leading to estates with a modest house, particularly in London and the South East, paying inheritance tax.'
article_snippet: It estimates that by 2019-20, around 20,000 fewer estates a year would be liable for any inheritance tax.
article_snippet: Critics of the duty say that money bequeathed at death has already been taxed, so should not face further charges.
article_snippet: Critics of the duty also point out that the super-rich often employ accountants to devise trusts and exemptions to reduce Critics of the duty liability.
article_snippet: Jonathan Isaby of the TaxPayers' Alliance said: 'Building up a legacy for children and grandchildren is one of the reasons hard-working parents go into work every day, and it's immoral for the taxman to take that away especially after the deceased has paid taxes all the taxman to take that away lives.'