Introduces Inheritance Tax which replaces the Capital Transfer Tax
Great Britain · Government / Conservative Party Government. Chronological records rendered directly from the World History Database.
Introduces Inheritance Tax which replaces the Capital Transfer Tax
Inheritance Tax is reformed giving a single flat rate of 40%
The Poll tax is introduced in Scotland
The Government gives œ3,000m to reduce the impact of the poll tax
The Budget increase VAT to 17.5% to finance cuts in poll tax
Announces the Government's intention to replace the poll tax with a new council tax.
This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.