{"id":6288,"date":"2025-05-20T10:00:13","date_gmt":"2025-05-20T09:00:13","guid":{"rendered":"https:\/\/new.contentdeployment.co.uk\/quilter\/?p=6288"},"modified":"2025-05-23T12:52:38","modified_gmt":"2025-05-23T11:52:38","slug":"inheritance-tax-iht-receipts-keep-climbing","status":"publish","type":"post","link":"https:\/\/new.contentdeployment.co.uk\/quilter\/2025\/05\/20\/inheritance-tax-iht-receipts-keep-climbing\/","title":{"rendered":"Inheritance Tax (IHT) receipts keep climbing"},"content":{"rendered":"<div class=\"hd-block hd-block-table\">\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Inheritance Tax receipts reached \u00a37.6bn in the eleven months to February 2025.\u00a0<\/td><td>Rising asset values and frozen thresholds are driving the rise in IHT receipts.\u00a0<\/td><td>OBR projects that IHT receipts will increase to \u00a39.7bn annually by 2028\/29.\u00a0<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong>HM Revenue and Customs (HMRC)<\/strong><strong><sup>1<\/sup><\/strong><strong> data reveals that IHT receipts reached \u00a37.6bn in the eleven months to February 2025, surpassing the annual record of \u00a37.5bn reached in the full 2023\/24&nbsp; financial year!&nbsp;<\/strong>&nbsp;<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>The Office for Budget Responsibility (OBR)<sup>2<\/sup> projects that IHT receipts will keep rising, estimating they will reach \u00a39.7bn annually by 2028\/29.&nbsp;&nbsp;<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>HMRC attributes the rise in IHT receipts to several factors, including frozen IHT tax thresholds, growing asset values and increased wealth transfers from IHT-liable estates, and frozen tax thresholds.&nbsp;&nbsp;&nbsp;<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><sup>1<\/sup>HMRC, 2025, <sup>2<\/sup>OBR, 2025<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Inheritance Tax receipts reached \u00a37.6bn in the eleven months to February 2025.\u00a0 Rising asset values and frozen thresholds are driving the rise in IHT receipts.\u00a0 OBR projects that IHT receipts will increase to \u00a39.7bn annually by 2028\/29.\u00a0 HM Revenue and Customs (HMRC)1 data reveals that IHT receipts reached \u00a37.6bn in the eleven months to February [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":6278,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,77],"tags":[],"hd_content_source":[],"_links":{"self":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/6288"}],"collection":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/comments?post=6288"}],"version-history":[{"count":6,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/6288\/revisions"}],"predecessor-version":[{"id":6330,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/6288\/revisions\/6330"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/media\/6278"}],"wp:attachment":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/media?parent=6288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/categories?post=6288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/tags?post=6288"},{"taxonomy":"hd_content_source","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/hd_content_source?post=6288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}