HMRC
Tax reliefs ‘have been abused’, say UK MPs
As treasury committee welcomes a ‘comprehensive and systematic review’ of the regime
17% rise in number of families paying IHT
Average inheritance tax bill fell 1% to £214,000 in 2020/21 financial year
Inheritance tax receipts reached £2bn between April and June
A £200m increase from last year
Pension tax overpayments hit £56m in Q2 2023
This is up almost £8m compared to the first quarter of the year
Tax paid by non-doms rises 8% in 12 months
With an average individual paying £123,000 in the past year