HMRC has revealed that IHT receipts for April 2021 to February 2022 are £5.5 billion - £0.7 billion higher than in the same period a year earlier.
HMRC received lower receipts in April and May 2020 due to a temporary issue where HMRC were unable to accept cheques for payment of IHT due to Covid-19.
Higher receipts in October 2020, November 2020, and March to August 2021 are expected to be due to higher volumes of wealth transfers that ...
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