Inheritance tax (IHT) receipts for April to December 2023 were £5.7 billion, £0.4 billion higher than in the same period the previous year, according to HMRC data.
The 7.5 percent increase means HM Treasury is on course to receive total receipts of about £7.6 billion from IHT in the 2023/24 tax year.
This follows the all-time high of £7.1 billion in 2022/23, which was a £1 billion increase on 2021/22.
Many in the private wealth sector continue to note the impa...
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