WELSH trade unions have demanded Chancellor Jeremy Hunt drop anticipated inheritance tax changes in Wednesday’s Autumn Statement.

The Wales TUC said a recent poll showed just 2 per cent of people in Wales would benefit from cuts to inheritance tax. 

WTUC general secretary Shavanah Taj said: “Virtually no-one is affected by inheritance tax in Wales, but if it is cut our public services will be starved of much-needed funding yet again.

“At a time when people are struggling with the cost of living it would be obscene to give a huge tax cut to a very small, very wealthy minority.

“The Conservatives have broken Britain and they seem hell-bent on making things even worse. We need an economy that rewards work, not wealth.”

WTUC analysis shows that of the 38,575 people who died in Wales in 2020-21 — the latest year for which figures are available — just 790 estates had to pay inheritance tax.