24th January 2024
Huge rise in property tax for HMRC ahead of possible Budget change
Figures released by HMRC show that the Treasury raked in £5.7 billion in inheritance tax receipts in the nine months from April to December 2023. This is £400m more than in the same period a year earlier, continuing a long-term upward trend.
One in every 25 estates pay inheritance tax, although the...