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IHT receipts rise by £700m in new tax year boost for HMRC - Vimarsana News

IHT receipts rise by £700m in new tax year boost for HMRC

HMRC has started the new tax year with a 7.2% annual rise in inheritance tax receipts. We explain how to keep the bill down.

Money latest: Aldi recalls product amid police investigation - Vimarsana News

Money latest: Aldi recalls product amid police investigation

Inheritance tax receipts surged to a record high last year due to the government freezing the threshold at which you start to pay. Read this plus all the latest consumer and personal finance news below - and leave your thoughts in the comments box.

Source: sky.com
Treasury collects £5.7bn in IHT receipts ahead of record-breaking year - Vimarsana News

Treasury collects £5.7bn in IHT receipts ahead of record-breaking year

HM Revenue & Customs (HMRC) has today (23 January) revealed that inheritance tax (IHT) receipts for April to December 2023 were £5.7bn, which is £400m higher than in the same period the previous year.

IHT receipts reach £5.7bn with 'record-breaking year' predicted - Vimarsana News

IHT receipts reach £5.7bn with 'record-breaking year' predicted

Inheritance tax (IHT) receipts for April to December 2023 reached £5.7bn, the HMRC has revealed today (23 January).

Public sector pension boom sees 70pc increase in doctors busting tax allowances - Vimarsana News

Public sector pension boom sees 70pc increase in doctors busting tax allowances

Value of doctor’s pensions could rise by more than 10pc this year