What is the problem with inheritance tax?

…everything to do with finance is beset with problems. From insurance companies that spew policy small print at terminally patients to avoid paying out, through mobile phone companies with the customer services skills of a three-minute-old turtle scuttling away from the first sign of a phone call, to the tax that few understand, even fewer pay but everyone seems to hate - inheritance tax.This week we’re looking at the problem of inheritance tax.We’re looking at some others as well but because of Prime Minister David Cameron’s relationship with his generous parents – IHT is in the news. His dad ran an offshore fund. His mum gave him a couple of hundred grand towards a new suit. He may not pay tax on this gift. Is that a problem? Is inheritance tax a problem?Simon Lambert, Lee Boyce and Georgie Frost investigate. It’s a proper fascinating slippers on, kettle on, headphones on episode that’s worth an hour of anyone’s time. Also on the show – other problems include:Bank fraud – as the crooks get better at it, the banks care even lessBrexit could be an almighty problem. It could destroy the world economy – but then plenty of other things could do that too House prices are even more ridiculous than they were last week – causing a wave of migrating out of London and beyondAre degrees all they’re cracked up to be?And finally…The range of free goodies it’s worth getting old for.Follow us on Instagram @dmgnewmedia.Follow us on TikTok @dmgnewmediaFollow us on X @dmgnewmediaEmail us [email protected] us  020 7938 6000.Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen CraneProducer: Georgie Frost Hosted on Acast. See acast.com/privacy for more information.