'No surprise' – IHT receipts rise with record year expected

Hit £7.7bn for year to February

Jen Frost
clock • 3 min read

Inheritance tax (IHT) receipts have continued on their rise, hitting £7.7bn for April 2025 to February 2026.

Various industry commentators labelled the uptick, with the figure £100m higher than the same period the prior year, as unsurprising given nil-rate bands have remained frozen for years. "Once again, inheritance tax receipts have risen," said Aberdeen Adviser head of technical engagement Andrew Zanelli. "This comes as no surprise, as the upward trend has been evident for some time and we anticipate a sharper increase from April 2027." Evelyn Partners head of estate planning Ian Dyall noted that while the growth trend has "slowed", potentially due to slower house price growth in recent ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

IHT liabilities hit record £7.03bn in 2023-24 tax year

IHT liabilities hit record £7.03bn in 2023-24 tax year

Figures ‘set to accelerate’

Sophia Panayi
clock 30 July 2026 • 2 min read
Advisers urged to review legacy files after Court of Appeal IHT ruling

Advisers urged to review legacy files after Court of Appeal IHT ruling

HMRC is considering its next steps

Isabel Baxter
clock 28 July 2026 • 4 min read
Burnham U-turns on income tax allowance increase suggestion – reports

Burnham U-turns on income tax allowance increase suggestion – reports

Any change would be ‘difficult given the financial circumstances’

Isabel Baxter
clock 22 July 2026 • 2 min read