HMRC have collected almost £0.8bn in the space of a month through inheritance tax (IHT) receipts - and the expectation is of this continuing to rise, as more families are pulled into scope for paying the tax due to frozen thresholds and regulation changes.
The £780m collected in the first month of the new financial year is the second-highest monthly total ever recorded, with OBR forecasts predicting IHT will raise more than £9bn for the Treasury across 2025/26.
