IHT receipts rise to £3.1bn highlighting estate planning need

Up £0.7bn on last year

clock • 2 min read
"With the budget fast approaching, the rumour mill has begun and questions surrounding inheritance changes are beginning to form," said Heather Owen, financial planner at Quilter.
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"With the budget fast approaching, the rumour mill has begun and questions surrounding inheritance changes are beginning to form," said Heather Owen, financial planner at Quilter.

Inheritance tax (IHT) receipts for April to September this year were £3.1bn, £0.7bn higher than the same period 12 months earlier, highlighting the need for effective estate planning, according to experts

Official figures from HM Revenue & Customs (HMRC) published today (21 October) revealed the increase. Heather Owen, financial planning expert at Quilter said IHT reform remains unlikely. "With the...

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