UK inheritance tax (IHT) receipts for April 2023 to September 2023 were £3.9 billion, £0.4 billion higher than the same period last year.
According to Laura Hayward, a tax partner at Evelyn Partners, "the Treasury will be buoyed by the news that IHT receipts have shown yet another year-on-year increase. IHT receipts really are the gift that keeps on giving at a time when the Treasury needs to do all it can to bolster its coffer...