Inheritance tax receipts continue to rise, with the latest official data from HMRC showing £1.5 billion was taken from estates in May 2025.
The figure is up seven per cent annually (£98 million compared to the same period last year) as more families get caught out by frozen tax thresholds and the rising value of assets.
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Get 6 issues free
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
:max_bytes(150000):strip_icc()/GettyImages-2173579327-bb2b7dc5214f4270bdc58f8bb7df35e2.jpg)