Inheritance tax is widely unpopular – but is it a prime candidate for reform?
The latest figures from HMRC reveal a concerning trend in inheritance tax (IHT) liabilities, as seen in the tax year 2020 to 2021, where there were 27,000 taxpaying IHT estates—an increase of 4,000 (17%) since the previous year. This rise in IHT tax liabilities, amounting to £5.76 billion, represents a significant 16% increase compared to […]