Sentences with phrase «accessions tax»

• Replace inheritance tax with an «accessions tax» on beneficiaries of estates.

A 0.5 % tax on the assets of the wealthy, modelled on the French system, and an «accessions tax» on the beneficiaries of estates will be considered by Liberal Democrats at their annual conference next month after the party leader, Nick Clegg, proposed a new levy on the rich.

Options include an end to tax relief on pension contributions for higher - rate taxpayers, an «accessions tax» to replace inheritance tax, and further increases in capital gains tax.»

An «accessions tax» on those receiving estates is also under consideration, the Guardian newspaper reported.