Wednesday 3 August 2016

IHT receipts at record £4.7bn

CCH Daily: HMRC figures show inheritance tax (IHT) receipts have hit their highest level since the current system was introduced in March 1986, totalling some £4.7bn in 2015-16, an increase of 22% compared to 2014-15, and almost double the normal annual growth pattern.

Full story: https://www.cchdaily.co.uk/iht-receipts-record-ps47bn