Surrey is the UK’s Inheritance Tax (IHT) capital, with the county’s residents paying £259 million in IHT in 2017/18, research by private wealth law firm, Boodle Hatfield has found.
The UK’s top 10 IHT hotspots last year were all in London and the South East. Following Surrey in second place out of 143 areas is Hertfordshire (£157 million), with Sussex (£155 million) coming in third, whilst Kensington & Chelsea takes fourth place (£140 million).
London boroughs accounted for the highest proportion of inheritances that resulted in an IHT charge. 15.1 percent of inheritances in Wandsworth incurred IHT, follow...
