Biggest IHT property headaches for UK estates exposed by FOI request to HMRC

Residential property makes up nearly half the value (49%) of UK estates facing inheritance tax in London compared to a quarter or less in areas including Wales (25%), the North East (24%), Scotland (23%) and Northern Ireland (18%). The proportion of estates made up of cash and financial securities is also lower in London and the East of England than other regions, the analysis of HMRC figures following a FOI request from retirement specialist Just Group has revealed. Stephen Lowe, group communications...