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The Treasury has cashed in a record
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amount of money from inheritance tax,
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and it could yet rake in more. Under
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Chancellor Rachel Reeves, rules around
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inheritance taxes have been tightened,
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including for rich foreign nationals who
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were not domiciled in Britain. But there
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has also been a continued freeze on a
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threshold of the nil rate band of
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on the value of people's estates. And as
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people's property valuations grow, more
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middle-class families could be forced to
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pay the tax when loved ones die. This
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all means that the government is
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projected to take in yet more money from
