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Tax

Inheritance tax liabilities increase by 4% in 2021/22

The combined value of agricultural and business property relief (APR, BPR) was £4.4bn in the period, an increase of £0.2bn or 5% compared with the previous year

Inheritance tax liabilities increased by 4% to £5.99bn, a rise of £0.23bn, for the 2021/22 tax year according to data from HMRC.

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