Experts react to latest inheritance tax receipts rise to £1.1bn

clock • 6 min read
Experts react to latest inheritance tax receipts rise to £1.1bn

Industry experts have reacted to the UK's latest inheritance tax receipts, which rose by £100m compared to the same period last year to £1.1 billion, according to latest HMRC data. These tax receipts are continuing to trend higher than previous years reaching £564m in May 2022. Darran Harrison, Wealth Planner at Kingswood, said: "The continued increases in IHT receipts can be aligned with many factors. These range from rising asset prices and the economic recovering, meaning the values ...

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