UK Inheritance Tax Liabilities Exceed £7 Billion for the First Time
The latest HMRC Inheritance Tax Statistics, highlighted in an article published by the Society of Trust and Estate Practitioners (STEP), show that UK inheritance tax (IHT) liabilities exceeded £7 billion for the first time during the 2023/24 tax year. According to the figures, inheritance tax liabilities reached £7.03 billion, representing a 5% increase compared with […]
