IHT payments rise at fastest rate since 2015/16
- Thursday, 28 July 2022
- Articles
Inheritance tax (IHT) receipts rose 14% to £6.1bn in the 2021/22 tax year, the largest single-year rise since 2015/16.
Read more...Editor’s Comment: Thank you Mr Sunak
- Friday, 01 July 2022
- Articles
The Chancellor has inadvertently gifted Financial Planners an almost unending stream of frazzled new clients by freezing the tax thresholds, if the latest HMRC data and some fresh predictions on the number of higher rate taxpayers are anything to go by.
Read more...1 in 5 could pay higher rate tax in 3 years - prediction
- Friday, 01 July 2022
- Articles
The number of higher rate taxpayers has soared by nearly 2m to 6.14m since the last election and could soar by a further 3m by 2025, according to a former Pensions Minister.
Read more...Planners react: Monthly IHT receipts rise £100m
- Thursday, 23 June 2022
- Articles
Inheritance tax (IHT) receipts received by HM Revenue and Customs (HMRC) rose by £100m year-on-year to £1.1bn for the period from April to May 2022.
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