‘No room for complacency’ despite slowdown in IHT receipts

Inheritance tax receipts increased by £100 million in July compared to the same period last year, reaching £3.2 billion. Although growth has slowed in recent months, the receipts indicate a longer-term trend that “remains firmly upwards”, Quilter’s tax and financial planning expert Shaun Moore said. “Frozen thresholds, rising property values and growing asset wealth continue […]