Inheritance Tax Receipts Fall — But the Long-Term Direction Remains Clear

Published June 2026 — based on the latest HMRC monthly tax receipts bulletin The latest figures from HMRC show that Inheritance Tax receipts for May 2026 totalled £1.4 billion — around £37 million lower than the same month last year. April’s receipts were also down, coming in at £715 million, which was £65 million below the equivalent figure for the …

IHT receipts continue to climb ahead of 2027 pension changes

April – December 2025 saw Treasury net £6.6bn from estates Inheritance tax (IHT) receipts for April 2025 to December 2025 reached £6.6bn, a rise of £200m compared to the same period last year, latest HM Revenue & Customs (HMRC) figures show. The continued rise in tax take from IHT was deemed “unsurprising” by experts who predicted a surge from April …

Treasury bags £10.3bn in CGT receipts as Budget changes bite

Likely due to lots of people triggering gains ahead of Autumn Budget Capital gains tax (CGT) receipts were £10.3bn in January, latest figures have showed. This takes the year-to-date total to £12.1bn, compared to £12.1bn last year  and £14.4bn in 2022/23 – the all-time high. This has been said to likely due to lots of people triggering gains ahead of …

IHT receipts surge to £4.3bn in first half of 2024, £400m higher than last year

Ahead of next weeks’ Autumn Budget Inheritance tax (IHT) receipts have hit £4.3bn in the six months from April to September 2024, according to figures published by HM Revenue and Customs (HMRC). This is £400m higher than the same period in the previous tax year and continues the upward trajectory over the last two decades. Higher receipts from March 2022 …

Inheritance tax receipts hit £2.8 billion in first four months of the year – Industry Reaction

Inheritance Tax receipts for April 2024 to July 2024 are £2.8 billion, which is £0.2 billion higher than the same period last year, HM Revenue and Customs revealed today. Following the release of this data, industry experts have shared their thoughts with IFA Magazine. Laura Hayward, Tax Partner at professional services and wealth management firm Evelyn Partners, says: “Annual rises …

Ex-footballers join pension scam victims in HMRC campaign

Campaigners have called for an end to the taxman’s perceived harsh tax collection tactics as victims of financial misconduct recount ‘sleepless nights’ waiting for brown envelopes. Former Premier League footballers joined forces with fellow victims of financial misconduct yesterday to campaign for better treatment from HMRC. Figures including Andy Cole, Michael Thomas, Craig Short and Martin O’Neil marched from the …