UK government scales back inheritance tax hike for farmers
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Inheritance tax receipts hit record high as high property prices drag more families into the net
Inheritance tax receipts are on track to reach £9billion by the end of the tax year, as monthly figures reach a new record high. The latest HM Revenue & Customs figures show that inheritance tax (IHT) receipts between April and July 2025 reached a record ...
A The IHT rules are the same across the UK. Although there are differences in succession law (which a solicitor would be best placed to give guidance on), the same tax regime applies. Q How long does probate/confirmation take?