Londoners feel that they and their family pay too much tax and find Inheritance Tax, Council Tax and Stamp Duty particularly unfair

The Mile End Institute Monday, 11 March 2024 Londoners feel that they and their family pay too much tax and find Inheritance Tax, Council Tax and Stamp Duty particularly unfair A new poll from the Mile End Institute at Queen Mary University of London indicates that the majority (54 per cent) of Londoners feel that, on balance, the overall amount of tax they and their family pay is too high. [...] It seems that the two percentage point cut in the main Employee National Insurance rate, bought into effect by the Conservative government in January 2024, is providing little relief for Londoners, perhaps due to the impact of additional increases in Income Tax alongside widespread fears about the scale of potential rises in Council Tax. [...] Three different kinds of taxation stand out as being particularly unfair in the eyes of Londoners: 55 per cent felt Inheritance Tax was unfair, and 51 per cent thought Council Tax and Stamp Duty were unfair. [...] For example, while just 49 per cent of men feel Inheritance Tax is unfair, this figure rises to 61 per cent among women; and while 70 per cent of those living in South London thought this was the case, just 45 per cent of those who resided in East London did so. [...] We also see a strong age gradient here: 42 per cent of Londoners aged 18-24 feel that Inheritance Tax is unfair compared to 70 per cent of those aged 65 and over.