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HMRC

Inheritance tax receipts hit £3.5bn this year

One in every 25 estates pay inheritance tax, yet according to Wealth Club, the freeze on inheritance tax thresholds is ‘bringing more and more into the taxman's sights’

Inheritance tax receipts have hit £3.5bn in the six months to September 2022, £400 more than in the same period last year, which marks the continuation of an upward trend, according to Wealth Club.

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