HM Treasury gained £6.3 billion in Inheritance Tax (IHT) receipts in the 10 months to January 2024, according to data released by HMRC. 

This is £400 million more than in the same period the year prior.

While just four percent of estates are picking up the tab, the proportion of families affected is higher, and many have argued the freeze on IHT thresholds combined with decades of increases in property prices is pushing the government’s inheri...