HMRC

MTD initiative is aimed at modernising and simplifying the tax system

Claim numbers hit 12,767 in second quarter

Reports prompt outrage from farmers

Unused pension funds will fall under IHT scope from April 2027

HMRC collects £100m more than last year in first quarter of tax year

Move expected to raise £1.5bn annually

A complex, often overlooked threat

Expect increases to continue, experts agree

More than £1.4bn in overpaid pensions tax recouped since 2015

'It is important that financial advisers stay informed and proactive'