by johnireland | Articles
A Quiet Change With Real Consequences On 30 June 2026, amended money laundering regulations changed the rules for the Trust Registration Service. The reform widens registration requirements for some trusts — particularly certain non-UK trusts with UK connections —...
by johnireland | Tax Talk
HMRC has recovered an extra £1.36 billion from inheritance tax investigations over the past five years, while IHT receipts hit a record £8.5 billion. The proportion of UK deaths triggering an IHT bill is now the highest in almost twenty years. The new battleground is...
by johnireland | Articles
A 75% Increase Overnight On 13 July 2026, the cost of applying for a grant of probate in England and Wales rose from £300 to £526 — a 75 per cent increase. For many families, the fee itself is manageable. But combined with processing delays, HMRC requirements, and the...
by johnireland | Tax Talk
The Headline HMRC collected £8.5 billion in inheritance tax during the 2025-26 tax year — the highest figure ever recorded. The Office for Budget Responsibility projects receipts will exceed £14 billion annually by the end of the decade. Why It Is Happening The...
by johnireland | Articles
A New Record — and No Sign of Slowing Down In the twelve months to March 2026, HM Revenue & Customs collected £8.5 billion in inheritance tax (IHT). That figure is £200 million more than the previous year and marks the highest annual IHT haul in the history of the...
