UK Treasury rakes in RECORD inheritance tax take

Inheritance tax receipts soared to a record high over the last financial year as Labour’s targeting of property owners helped fund sweeping spending increases. Official data on Thursday morning showed that annual inheritance tax receipts rose to £8.5bn in the year between 2025 and 2026. This compared to total receipts of £8.3bn in the previous year. The rise in inheritance tax collection coincided with a broader rise in receipts over the year as the government’s income rose by more than nine per cent, or £87.7bn, compared to the financial year ending in 2025. City AM's Mauricio Alencar has the details. Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: http://www.linkedin.com/company/cityam