Inheritance tax (IHT) receipts for April 2025 were £800m - £97m higher than the same period last year, latest statistics from HM Revenue and Customs have confirmed.
The total was an increase of 13.8% on the same month of 2024. Evelyn Partners head of estate planning Ian Dyall said: "The 2025/26 financial year opens where the previous one left off, with a predictable and substantial annual rise in IHT receipts. "Estimates last month revealed that IHT receipts for the 2024/25 financial year were 10.8% up on the previous one, and there's nothing to suggest the current one will be any different." Quilter tax and financial planning expert Shaun Moore said IHT receipts had continued their "steady upward trend seen over recent years". "With proper...
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