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HMRC Has Clawed Back £1.36 Billion in Underpaid Inheritance Tax — And Property Valuations Are the New Battleground

by johnireland | Articles

A Record Year for Inheritance Tax — and for Enforcement Inheritance tax receipts reached a record of nearly £8.5 billion in the last tax year. What has received far less attention is how much of that money HMRC had to go and find. New figures show that investigations...

TLDR: HMRC’s £1.36 Billion Inheritance Tax Clawback

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...

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