Inheritance tax (IHT) receipts were generally higher in the 2018/19 tax year and saw a 44.4% increase in March from the previous month, according to the latest data from HM Revenue & Customs (HMRC).
Overall, IHT receipts ended 2018/19 3.1% up on the previous tax year, increasing by around £160m to £5.4bn. The taxman's data also highlighted that IHT receipts were at their highest level both in terms...
Put back to April 2021
Taxes will have to increase after the March Budget if the government plans to honour the spending plans in outlined last year, the Institute for Fiscal Studies (IFS) has warned.
For the first time in a quite a while we have a certain degree of political certainty, writes Jack Rose. And, with that clarity, perhaps a clearer picture of the road ahead…
UK investors lost hundreds of thousands of pounds
Lifts advisers to seven
Income from advice fees down