How HMRC collected a record £6.3 billion in inheritance tax

According to the latest figures, HMRC collected a record £6.3bn in inheritance tax over the nine months to the end of December. Inheritance tax receipts hit £6.3bn from 5 April to 31 December 2024, an 11 per cent increase on the £5.7bn received in the same period in the previous year. Receipts totalled £620m in December alone, an increase of 13 per cent on the £547m collected in December 2023. Read the full story here 👇 https://www.cityam.com/inheritance-tax-bill-for-britains-most-hated-tax-hits-record/ Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: www.linkedin.com/company/cityam Produced by: Maria Ward-Brennan, Joe Lee, Emmanuel Nwosu #inheritancetax #inheritance #tax #hmrc #news #uknews #money #finance #personalfinance #politics #ukpolitics #politicalnews