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Pandemic deaths push IHT tax take higher

News Team, 23/08/2021

Pandemic deaths and a freeze in tax breaks has contributed to a large increase in the UK government’s inheritance tax (IHT) take.

IHT receipts for April 2021 to July 2021 were £2.1 billion, £0.5 billion higher than in the same period a year earlier.

Sarah Coles, an analyst at Hargreaves Lansdown, said the increase was likely to be a result – at least in part – from the “horrible rise in deaths” from the pandemic earlier this year.

“There’s typicall...


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