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Inheritance tax payments hit record £5bn for 2017-18

Inheritance tax payments hit record £5bn for 2017-18

The latest official figures from HMRC reveal the British government received over £5bn in IHT receipts last year.

Total IHT receipts have almost doubled since 2010-11, having risen by 10% year-on-year on average since 2009-10. The ongoing increase has been driven by rising asset values and the freezing of the nil-rate band since April 2009. Please link to International Investment to read the full article by Christopher Cooper- Ind.

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