Inheritance tax receipts hit £5.7bn between April and December 2023
Wealth Club said the average bill could increase to £239,000 this 2023/24 tax year, with over 30,000 families having to hand over part of their inheritance to the taxman
The Treasury received £5.7bn in inheritance tax receipts in the nine months from April to December 2023, according to new figures from HMRC.