IHT
HMRC opened 3,600 IHT investigations last year
Generating an extra £254m in tax revenue over the 12 months
IHT receipts surge 29%
Budget rumour mill has ‘begun and questions surrounding inheritance changes are beginning to form’
74% of Brits have done nothing to reduce future IHT bill
There is ‘a huge opportunity for further education and guidance’ on inheritance tax planning
IHT refunds as property prices fall
Families can reclaim tax if value decreases between date of death and sale
IHT bills exceed £6bn for first time
‘Inheritance tax is becoming ever-more lucrative for HMRC’