Andrew Tully

Figures for April 2022 to January 2023 released by HMRC

Annuities are looking increasingly attractive for clients

Govt netted £5.3bn between April and December 2022

Receipts for April to November 2022 were £4.8bn

‘Thresholds for tapered AA rose to over £200,000’

‘As house prices march ever higher so does the tax take from IHT’

Up 42% from previous year

‘Successive year-on-year rises’

‘Boost for the Treasury’s coffers’

‘More people are dragged into the IHT net’