Helen Barnett

With HMRC inheritance tax receipts (IHT) rising to £3.2 billion in the period April to August 2023, up by £0.3 billion from the same period in 2022, many people are worried that rising inflation will drag them into the IHT threshold or increase their liability. However, before people panic, it is important to consider what is actually behind the rise in receipts and the steps people can take maximise what they leave to family and...