HMRC rakes in £1.4billion in inheritance tax receipts in two months (Image: GETTY) HMRC raked in a staggering £1.4billion in inheritance tax receipts in just two months, new data shows.
The latest figures from HM Revenue and Customs ( HMRC ) released this morning, reflect a £200million increase during the same period - January and February - the year before. In the 2023/24 tax year, inheritance tax raised £7.499billion in revenue for HMRC .
However, analysts say this could increase dramatically should the Labour Party win the election. function loadOvpScript(){let el=document.createElement('script');el.
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Log('[Load] OVP tcfLoaded',new Date())})}},1500)}) Its pledge to restrict non-doms from shifting money offshore is expected to raise £430million a year, which is equivalent to a six percent increase in the overall inheritance tax take. Combining this with thresholds tha.
