People in the UK paid just under £5.5m in inheritance tax (IHT) last year, according to latest figures from HM Revenue & Customs (HMRC).
The total was a 3% increase on the previous tax year. The amount HMRC has raised through IHT has more than doubled in the past nine years, according to provider AJ Bell. It said IHT bills had been rising...
Acquisition completed earlier this month.
Changes to take place by next year
Launched 18 November
Investment Association to create new labels