IHT receipts break £5bn mark for the first time

Rising property prices and a spike in winter deaths helped push up IHT receipts to £5.2bn in 2017/18 – up 8% year on year – according to HMRC figures. IHT receipts have risen 10% on average every year since 2009/10 while the nil-rate band – the threshold above which individuals pay inheritance tax – has remained frozen at £325,000.

Financial Times, Page: 2 City AM Daily Mail, Page: 2 The Times, Page: 6 The Daily Telegraph, Page: 8 City AM, Page: 13

Posted 01/08/2018