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Tories pledge to raise inheritance- tax threshold for couples

"You paid tax on the income, you paid tax when you bought the house, you shouldn't have to pay tax again when you die and when you want to pass that house on to your children," says Mr Cameron.


UK Prime Minister David Cameron on Sunday pledged to raise the inheritance-tax threshold for couples to £1 million (S$2 million) as he seeks to break the opinion-poll deadlock between his Conservatives and the Labour Party less than a month before the country's general election.