Average Inheritance Tax bill for 2018/19 close to £200,000

The average inheritance tax bill reached almost £200,000 in the last tax year - up £60,000 in five years, according to analysis of HMRC receipts by financial advice firm and insurer NFU Mutual.


IHT grab jumps £164m in one year to £5.4bn

Families have been hit with a record £5.4bn in Inheritance Tax (IHT) bills in the past year, according to new analysis.


Fears as cost of pension tax relief tops 'eye-watering' £25bn

Pension tax relief has soared by 40% in the last five years to £25.6bn and may be cut back, a Chartered Financial Planner fears.


Chartered Planner warns of growing IHT crackdown by HMRC

A crackdown on inheritance tax has helped the taxman’s receipts rise faster than the start of any tax year since 2010, warns a leading Chartered Financial Planner working at NFU Mutual.

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