Kemi Badenoch, the Conservative Party leader, announced plans to abolish inheritance tax on family homes and allow couples to pass an additional £1m tax-free to their families if the party wins power. The proposal has drawn criticism that the Conservatives are prioritising affluent voters.
Badenoch made the announcement during a conference speech, according to The Guardian. The party framed the policy as an attempt to "shore up its traditional base in southern England."
The policy announcement comes as Badenoch rejected calls to "unite the right" within the party, The Guardian reported. The specific details of how the tax abolition would operate, its cost to the Treasury, or timelines for implementation are not provided in the available source material.