IHT tax take up £100m to £4.4bn in six months to September

IHT revenue on track for ‘another record-breaking year’ The Treasury is on track for another record-breaking year of revenues from inheritance tax (IHT) as receipts for April to September hit £4.4bn, which is £100m higher than the same period last year. The increase represents an increase of 2.3 per cent, according to analysis from Evelyn Partners. Evelyn Partners head of …

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 …