HMRC opened 3,574 investigations into Inheritance Tax (IHT) in the 2020-21 tax year, bringing in an additional £254 million in revenue.
Law firm Pinsent Masons said with IHT hitting a record £6 billion in the past year, there is increasing scope for disputes between HMRC and taxpayers in this area.
Pinsent Masons says more people are choosing to take care of legal issues surrounding inheritance themselves, in order to save money.
Given the complexity of IHT, this has si...