Kemi Badenoch has announced that she would abolish inheritance tax on family homes if the Tories win the next election. Daily Telegraph - 07/10/26 Kemi Badenoch has announced that she would abolish inheritance tax on family homes if the Tories win the next election. The Conservative leader told her party’s annual conference that she would legislate “so nobody will ever pay inheritance tax on their family home”. To rapturous applause from the Tory faithful, she also revealed she would allow a couple to hand £1m to their children tax-free on top of the value of their home. Mrs Badenoch said the changes would cut the number of families paying inheritance tax by more than half, and added that her ambition was to abolish death duties “altogether as soon as we can afford it”. “Inheritance tax was supposed to be a tax on the super-wealthy,” she said. “Instead, it is now a tax on ordinary, middle-class families in every corner of the country. “We understand why putting roots d...