Record year for IHT as receipts reach £8.5bn

This was a £0.2bn rise compared to the same period in the previous year. Forvis Mazars partner Nicholas Nesbitt stressed: "No longer a tax reserved for the ultra-wealthy, the number of ordinary families affected by IHT will only grow in the coming months. "With no adjustments for inflation or asset value growth, frozen thresholds are a tax rise by stealth."  Frozen thresholds The prolonged freeze on IHT thresholds continues to be responsible for the rising figures, according to industry experts. Winckworth Sherwood legal director Samantha Warner noted: "The nil-rate band (NRB)...