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Inheritance tax drags in 7.2% more from estates as IMF suggests raising death duties

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HM Revenue and Customs figures today revealed that Inheritance Tax receipts for April 2024 were £700million, which is £85million or 7.2 per cent higher than the same month last year. Laura Hayward, Tax Partner at professional services and wealth management firm Evelyn Partners, says: “The IMF this week suggested that…

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