IHT receipts up £0.1bn, HRMC figures reveal

‘Successive year-on-year rises’

Ayesha Venkataraman
clock • 5 min read
IHT receipts up £0.1bn, HRMC figures reveal

Inheritance tax (IHT) receipts for April 2022 to May 2022 were £1.1bn, which is £0.1bn 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 2019 were particularly high. HRMC said it reflected announcements of rises to probate fees in England and Wales in November 2018 and is likely t...

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