Tax
HMRC launches 3,600 investigations into IHT in past year
Pinsent Masons said this is largely due to the nil rate band, the threshold above which IHT must be paid, remaining at £325,000 since 2009 without any adjustment to account for inflation
HMRC opened 3,574 investigations into Inheritance Tax (IHT) in 2020-21, netting an additional £254m in revenue, according to Pinsent Masons.
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