IHT receipts up £0.7bn, HMRC data reveals

‘More people are dragged into the IHT net’

clock • 4 min read
IHT receipts up £0.7bn, HMRC data reveals

Inheritance tax (IHT) receipts for April 2021 to March 2022 were £6.1bn, which is £0.7bn higher than in the same period 12 months earlier, latest data 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 and...

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