Inheritance TaxJan 16 2024

IHT paid on gifts increases by 153%

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IHT paid on gifts increases by 153%
The number of estates paying the tax also increased to 1,300 (Bloomberg/Hollie Adams)
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Inheritance tax paid on gifts has increased by more than 153 per cent since 2011 to hit £256mn in the 2020-21 tax year. 

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