IHT receipts up to £4.6bn, HRMC data reveals

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IHT receipts up to £4.6 bn, HRMC data reveals
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IHT receipts up to £4.6 bn, HRMC data reveals

Inheritance tax (IHT) receipts for April to December last year were £4.6 bn, some £0.6 bn higher than in the same period 12 months earlier, latest figures from HM Revenue & Customs (HMRC) revealed.

The government data also showed receipts in April 2017 to May 2017 and March 2019 and April 2019 were particularly high.  HRMC said it reflected announcements of rises to probate fees in England...

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Julia Bahr

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