| UPDATED: 22:07, Mon, Mar 8, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they'll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. The Chancellor of the Exchequer Rishi Sunak has frozen a number of tax-free allowances for five years, with this move set to result in HMRC collecting an extra £985million in Inheritance Tax specifically.