Category: 2.2bn
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Reeves collects record £2.2bn from ‘death tax’ ahead of Budget
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Chancellor Rachel Reeves took in a record £2.2 billion in inheritance tax (IHT) receipts in the three months leading up to September, as anticipation grows for potential tax changes in her upcoming first Budget. According to figures from the Office for National Statistics (ONS), inheritance tax brought in £736 million…
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Reeves collects record £2.2bn from ‘death tax’ ahead of Budget
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Chancellor Rachel Reeves took in a record £2.2 billion in inheritance tax (IHT) receipts in the three months leading up to September, as anticipation grows for potential tax changes in her upcoming first Budget. According to figures from the Office for National Statistics (ONS), inheritance tax brought in £736 million…