IHT

£5.8bn for first eight months of 2025/26

Large volumes of clients will need reviews of financial plans

'The key factor with IHT is the eventual value of the estate'

'It's a great pity HMRC couldn't have been a bit braver and taken the sensible approach'

Advisers becoming ‘more proactive’ in IHT discussions

Will be able to instruct scheme administrators to pay

Confirmed in Budget documents today

Compensation payments exempt ‘regardless of the circumstances’

Speculation around gifting and trust taxation rules expected

'The buck stops with the PR'