More estates fall into Inheritance Tax bracket

HM Revenue and Customs (HMRC) have just released data showing that Inheritance Tax receipts between April and October 2021 were £3.6 billion, that’s £720 million higher than the same period a year earlier – an increase of 20%.

These figures should be a ‘wake-up call’ for families to think carefully about their tax planning.

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Inheritance Tax Planning playlist:    • Inheritance Tax Planning   The Residence Nil Rate Band explained:    • Inheritance Tax: The residence nil ra...   Which gifts are free from Inheritance Tax?:    • Which gifts are free from inheritance...  

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