Her Majesty's Revenue & Customs (HMRC) claimed back almost £90m last year by challenging the inheritance tax (IHT) valuations on the property of people who died, figures show.
A freedom of information request from accountants UHY Hacker Young revealed HMRC assessed more than 10,000 valuations in 2011 and gained an average of more than £27,000 in extra tax on each case.
The average the previous year was £24,600 a case, the Financial Times reports.
HMRC said challenging property valuations for IHT purposes has always been part of its work, and a spokesman for UHY said HMRC was under pressure to maximise revenues.
"For a bereaved family, it is unwelcome news to hear that HMRC wants to challenge your valuation of the estate and take even more of it in IHT," Mark Giddens, partner, said.
Caring for children and elderly relatives
Similar to June 2007
Square Mile’s series of informal interviews
Fine reduced to £60,000
Two roles created