Comment & Analysis
IHT receipts increase as frozen allowances effectively tax by stealth
“Today’s HMRC figures show inheritance tax receipts remain profitable for the Treasury, with £3.6 billion collected between April and October 2021. This is £0.6 billion higher than in the same period a year earlier, albeit less than last month’s increase (£0.7bn). “One factor likely contributing to the increase in IHT…
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