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Inheritance tax revenue is projected to hit £15 billion by 2030 due to policy changes, while housing construction drops amid economic pressures.
Inheritance tax receipts are projected to reach £15 billion by 2030, driven by policy changes including a frozen threshold and expanded tax rules on inherited pension pots, with these reforms expected to contribute 14% of total IHT revenue by 2030/31.
Capital gains tax collections are forecast to rise 60% in the current year, while property transaction taxes are expected to generate £17 billion.
New housing construction is projected to drop by 40,000 units, reducing housing stock to 220,000 homes by 2026/27, amid ongoing economic challenges and reliance on overseas investors for gilt market stability.
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Se prevé que los ingresos del impuesto a la herencia alcancen los 15 mil millones de libras esterlinas para 2030 debido a los cambios en las políticas, mientras que la construcción de viviendas disminuye en medio de las presiones económicas.