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HM Revenue & Customs (HMRC) has this morning (21 February) announced the latest inheritance tax (IHT) receipts which show HM Treasury raked in £6.3bn from the controversial tax in the last ten months alone.
A decision from chancellor Jeremy Hunt to abolish inheritance tax (IHT) in next month’s Spring Budget “would rock the financial advice sector,” Abrdn says.
Estate planning is a huge business opportunity for advisers, according to Buckingham Gate Chartered Financial Planners managing director Matthew Smith.