IHT tax take continues to rise as HMRC nets additional £0.3bn

‘As house prices march ever higher so does the tax take from IHT’

clock • 4 min read
IHT tax take continues to rise as HMRC nets additional £0.3bn
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IHT tax take continues to rise as HMRC nets additional £0.3bn

Inheritance tax (IHT) receipts for April 2022 to August 2022 were £2.9bn, which is £0.3bn higher than in the same period a year earlier, latest data from HM Revenue & Customs (HMRC) revealed.

The government data also showed receipts in April 2019 were particularly high. HMRC said it reflected announcements of rises to probate fees in England and Wales in November 2018 and is likely to h...

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