HRMC opened 3,600 IHT investigations last year

What is more, an increasing number of people are choosing to take care of legal issues surrounding inheritance themselves, in order to save money, according to the company. Last week, HMRC revealed IHT receipts for the first half of 2021/22 were £3.1bn. Pinsent Masons said the DIY tactic had significantly increased the scope for error, making it more likely HMRC will launch an investigation. Pinsent Masons added that rising property values have led to growing numbers of people coming within the scope for IHT. This is largely due to the nil rate band, the threshold above which IHT must...