{"id":4596,"date":"2026-10-08T10:30:36","date_gmt":"2026-10-08T10:30:36","guid":{"rendered":"https:\/\/smartinvestingschronicle.com\/index.php\/2026\/10\/08\/politics-home-kemi-badenoch-pledges-to-cut-inheritance-tax-if-tories-win-next-election\/"},"modified":"2026-10-08T10:30:36","modified_gmt":"2026-10-08T10:30:36","slug":"politics-home-kemi-badenoch-pledges-to-cut-inheritance-tax-if-tories-win-next-election","status":"publish","type":"post","link":"https:\/\/smartinvestingschronicle.com\/index.php\/2026\/10\/08\/politics-home-kemi-badenoch-pledges-to-cut-inheritance-tax-if-tories-win-next-election\/","title":{"rendered":"Politics Home | Kemi Badenoch Pledges To Cut Inheritance Tax If Tories Win Next Election"},"content":{"rendered":"
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\n 4 min read<\/span>07 October<\/span>
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Kemi Badenoch pledged to scrap inheritance tax on family homes in a conference speech that sought to present the Conservatives as the party of the economy.<\/p>\n<\/p><\/div>\n

Speaking in Birmingham on Wednesday, Badenoch said the Conservatives\u00a0\u201care and always have been the party of home ownership\u201d.\u00a0<\/p>\n

\u201cThe next Conservative government will legislate so nobody will ever pay inheritance tax on their family home,\u201d she said.<\/p>\n

\u201cOn top of that, couples will be able to leave an additional \u00a31m tax-free, and these changes mean every inheritance tax bill will be cut, and the number of families paying inheritance tax will fall by more than half.\u201d<\/p>\n

Addressing reports that she was considering abolishing inheritance tax altogether, Badenoch said she intends to make this pledge \u201cas soon as we can afford it\u201d.<\/p>\n

\u201cWe could do it, but not if we want to keep our country safe with a Britannia shield,\u201d she added, referring to her party\u2019s pledge of \u00a310bn for a UK air defence system similar to Israel’s Iron Dome.<\/p>\n

\u201cNot if we also want to keep people safe with 50,000 new prison places, not if we want to cut the deficit, threatening to bankrupt our country and burdening our children.\u201d\u00a0<\/p>\n

Badenoch repeatedly framed the Conservatives as the party of economic responsibility, and said that \u201cspending money we don’t have on things we cannot afford is not kind; it is reckless\u201d. The Tory leader said the party has already identified potential savings worth more than \u00a370bn.<\/p>\n

Badenoch said that there is a \u201cbattle for the soul of this nation\u201d and positioned the Conservatives as \u201ca renewed Conservative Party fighting again for the belief that what people earn belongs to them, not government\u201d.<\/p>\n

She said the Labour government led by Prime Minister Andy Burnham \u201cwants to wind back the clock to the failed ideas of the past\u201d and accused Labour of wanting to increase taxes and make it \u201charder and harder to make ends meet\u201d.<\/p>\n

The Conservatives have also proposed cuts to employer National Insurance contributions for those aged 21 to 24.<\/p>\n

\"Kemi
Kemi Badenoch and her husband Hamish at Conservative Party conference in Birmingham (Alamy)<\/figcaption>
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One of the most significant elements of Badenoch’s speech was about Reform UK.<\/p>\n

The Tory leader launched a scathing attack on Nigel Farage’s party, in comments that seemingly put to\u00a0rest the idea that the Conservatives could work with Reform at the next general election.<\/p>\n

Badenoch said Reform politicians were\u00a0\u201copenly questioning people’s identity\u201d based on their race, like black England football players.<\/p>\n

\u201cI am black, I am British, I am proud of my country,\u201d Badenoch said.\u00a0<\/p>\n

\u201cI’m proud of our history, all that we have done, and all that we will do in the world. Our best days are not behind us, and we will not let this country go backwards.<\/p>\n

\u201cI don’t want to live in a country run by people who threaten journalists, who call veterans traitors, and debate whether my mixed-race children are English. I don’t want to explain to my son when we’re watching our brilliant England team play football\u00a0that some people don’t think our black players are English.\u201d<\/p>\n

She said the country \u201cmust not let these people take us backwards\u201d and said that Reform is\u00a0\u201cnot like us\u201d.<\/p>\n

\u201cWe are different, we are the Conservative Party.\u201d<\/p>\n

She said that one of the challenges facing the Tories was winning back voters who had left them for Reform, describing them as “our people”.<\/p>\n

“We let them down, and we want them to come back home. They deserve better than Reform politicians,” the Tory leader said.<\/p>\n

Badenoch said her party was on the way back after\u00a0its heavy defeat at the 2024 general election.<\/p>\n

\u201cPeople were writing us off. Let me tell you, I’m not someone who gets written off, and neither is the Conservative Party.\u201d<\/p>\n

She described the Conservatives as the “no drama party”, with infighting a thing of the past, referring to MPs who have\u00a0left the party for Reform since the last election, which include former cabinet minister Robert Jenrick, as “an export boom of drama queens”.<\/p>\n

However, she also\u00a0acknowledged that the party has work to do to win the next general election.<\/p>\n

“There is still a lot of work to do. A lot of work. People are looking through the shop window. They like what they see, but let’s be honest: not enough of them are buying yet. We need to fix that.\u201d<\/p>\n

She added: \u201cI want us to win in three years’ time. To be honest, I want us to win next week. We are ready for an election, whenever it’s called, because we are the only party that understands what has gone wrong in Britain and knows how to put it right.\u201d<\/p>\n

While Badenoch’s personal ratings are relatively positive, the Conservative Party continues to poll poorly.<\/p>\n

The latest YouGov poll\u00a0puts the Tories\u00a0on 20 per cent compared to Labour on 27 per cent and Reform on 22 per cent.<\/p>\n

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4 min read07 October Kemi Badenoch pledged to scrap inheritance tax on family homes in a conference speech that sought to present the Conservatives as the party of the economy. Speaking in Birmingham on Wednesday, Badenoch said the Conservatives\u00a0\u201care and always have been the party of home ownership\u201d.\u00a0 \u201cThe next Conservative […]<\/p>\n","protected":false},"author":1,"featured_media":4597,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-4596","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/smartinvestingschronicle.com\/index.php\/wp-json\/wp\/v2\/posts\/4596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smartinvestingschronicle.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smartinvestingschronicle.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smartinvestingschronicle.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smartinvestingschronicle.com\/index.php\/wp-json\/wp\/v2\/comments?post=4596"}],"version-history":[{"count":0,"href":"https:\/\/smartinvestingschronicle.com\/index.php\/wp-json\/wp\/v2\/posts\/4596\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/smartinvestingschronicle.com\/index.php\/wp-json\/wp\/v2\/media\/4597"}],"wp:attachment":[{"href":"https:\/\/smartinvestingschronicle.com\/index.php\/wp-json\/wp\/v2\/media?parent=4596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smartinvestingschronicle.com\/index.php\/wp-json\/wp\/v2\/categories?post=4596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smartinvestingschronicle.com\/index.php\/wp-json\/wp\/v2\/tags?post=4596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}