Record Surge in UK Inheritance Tax Revenue Following Threshold Freezes
The revenue from inheritance tax (IHT) in the United Kingdom has reached unprecedented levels, with expectations that this figure will only escalate in the future due to recent fiscal adjustments. In the nine-month period leading up to the close of December, HM Revenue and Customs (HMRC) reported a staggering £6.3 billion (€7.5 billion) generated from … Read more