The taxman collected almost £4.9bn in inheritance tax (IHT) in 2016/17, according to its latest figures, representing the highest level of IHT receipts since the current system was introduced in 1986.
HM Revenue & Customs (HMRC) said the £4.9bn figure represented a 4% growth on the previous year. The tax receipts had already grown 22% between the two years prior, due to an "uncommonly high number of...
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