IHT receipts swell to record £8.2bn for 2024/25

The figure shared by HMRC outstrips 2023/24's £7.5bn total by £750m, or 10%, industry commentators noted. "It's now four years on the trot that inheritance tax has delivered record-breaking annual tax takes for the Treasury, on the back of a combination of frozen thresholds and rising property prices," said Just Group director Stephen Lowe. "As the saying goes – death and taxes are the two certainties in this world." Financial services watchers anticipate that IHT will continue to bring in more for the Treasury over the coming years, buoyed by a combination of frozen thresholds, risin...