IHT receipts on observe to hit a document excessive this monetary 12 months



The newest information from HM Income and Customs (HMRC) reveals that Inheritance Tax Receipts (IHT) are set for a document excessive this monetary 12 months, after reaching £6.8 billion between April and February. 

This can be a £400 million rise in comparison with the identical interval a 12 months in the past and consequently, specialists at wealth administration agency Evelyn Companions imagine the Treasury is on track to take £7.54billion from IHT within the 2023/24 tax 12 months.