IHT receipts surge 16.6% to £1.4bn in April-May 2024
HM Revenue and Customs revealed that inheritance tax receipts (IHT) for April 2024 to May 2024 are £1.4 billion, which is £0.2 billion higher than the same period last year. That is an annual increase of 16.6%. Laura Hayward, Tax Partner at professional services and wealth management firm Evelyn Partners, said that IHT seem to […]