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‘No room for complacency’ despite slowdown in IHT receipts

Inheritance tax receipts increased by £100 million in July compared to the same period last year, reaching £3.2 billion. Although growth has slowed in recent months, the receipts indicate a longer-term trend that “remains firmly upwards”, Quilter’s tax and financial planning expert Shaun Moore said. “Frozen thresholds, rising property values and growing asset wealth continue to pull more families into

An exterior sign on the HMRC building

‘No room for complacency’ despite slowdown in IHT receipts

Inheritance tax receipts increased by £100 million in July compared to the same period last year, reaching £3.2 billion. Although growth has slowed in recent months, the receipts indicate a longer-term trend that “remains firmly upwards”, Quilter’s tax and financial planning expert Shaun Moore said. “Frozen thresholds, rising property values and growing asset wealth continue to pull more families into

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