What could be worse than a death tax in that they even charge you for lifetime gifts and transfers?
The answer is a "live too long - survival" tax.
40% inheritance tax on death and 20% inheritance tax on lifetime chargeable transfers and up to 6% periodic charge every 10 years may appear insiginificant when you think that:
Care Home Fees in older age is a 100% means tested 'tax' i.e. if you live and if you have wealth, you may have to pay for virtually all your older age care.
You still could be forced into selling 100% of assets to pay for your care later in life.