Experts react over IHT receipts leap to £3.1bn

Julia Bahr
clock • 3 min read

Inheritance tax (IHT) receipts for April to September this year were £3.1bn, £0.7bn higher than the same period 12 months earlier, highlighting the need for effective estate planning, according to experts Official figures from HM Revenue & Customs (HMRC) published today (21 October) revealed the increase. Heather Owen, financial planning expert at Quilter said IHT reform remains unlikely. "With the Budget fast approaching, the rumour mill has begun and questions surrounding inheritance changes are beginning to form, with some suggesting, or perhaps hoping, it could be scrapped alto...

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