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Inheritance tax alert: Families 'seek cover' from HMRC charge as thousands dragged into paying IHT

Summary by GB News
Inheritance tax (IHT) receipts have soared to £7billion between April 2024 and January 2025, according to the latest figures released by HM Revenue & Customs (HMRC)The substantial sum represents a £0

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Daily ExpressDaily Express

HMRC drags thousands in inheritance tax threshold - check if you're hit

Experts suggest that the rules on gifting could be tightened even more, making it harder for families to reduce their IHT liabilities.

·United Kingdom
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GB NewsGB News

Inheritance tax alert: Families 'seek cover' from HMRC charge as thousands dragged into paying IHT

Inheritance tax (IHT) receipts have soared to £7billion between April 2024 and January 2025, according to the latest figures released by HM Revenue & Customs (HMRC)The substantial sum represents a £0

·London, United Kingdom
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Your MoneyYour Money

Homebuyers pay £848m in stamp duty in January as IHT receipts near all-time high of £7bn

The stamp duty intake for home purchases rose by £40m annually to £848m in January, HMRC data has showed.

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theintermediary.co.uktheintermediary.co.uk

Inheritance Tax receipts reach £7bn from April 2024 to January 2025 - HMRC - The Intermediary - Latest UK mortgage news

Inheritance Tax receipts for April 2024 to January 2025 reached £7bn, according to the latest data from HM Revenue & Customs (HMRC). This was £0.7bn higher than the same period last year. Monthly, receipts totalled £639m in January 2025, an increase of 15% on the £556m collected in January 2024. Stephen Lowe, group communications director at retirement specialist Just Group, said: “The latest IHT receipts data for January will be a welcome boost…

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theintermediary.co.uk broke the news in on Friday, February 21, 2025.
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