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UK inheritance tax revenues soar to a record £7.6 billion, driven by frozen thresholds and rising property values.
UK inheritance tax (IHT) receipts hit a record £7.6 billion between April 2024 and February 2025, up £800 million from the same period last year.
The rise is attributed to frozen thresholds and rising property prices.
The Office for Budget Responsibility forecasts IHT to reach £9.7 billion by 2028/29.
Changes set to take effect in 2026 and 2027, including the removal of pension death benefits from IHT, are expected to further increase revenues.
Experts advise obtaining up-to-date estate valuations and seeking professional financial advice to manage potential IHT liabilities efficiently.
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Los ingresos del impuesto de sucesiones del Reino Unido se elevan a un récord de 7.600 millones de libras esterlinas, impulsados por umbrales congelados y valores crecientes de la propiedad.