Just Group
IHT bill on track to exceed £7bn
As inheritance tax receipts for January 2023 totalled £578m
IHT freeze leads to record bills
Inheritance tax is no longer only an issue for the wealthy
Demand for later life financial planning surges
More than 60% of over-45s would meet with an adviser if given the opportunity
6,000 Brits trigger MPAA restrictions every week
148,000 accessed their pension in the first half of 2022
Taxman rakes in record £3.5bn in IHT in just six months
Increase in inheritance tax receipts ‘will be music to the ears’ of the Treasury