IHT receipts up 3.1% on previous tax year, increasing by around £160m to £5.4bn
Inheritance tax (IHT) receipts were generally higher in the 2018/19 tax year and saw a 44.4% increase in March from the previous month, according to the latest data from HM Revenue & Customs (HMRC). Overall, IHT receipts ended 2018/19 3.1% up on the previous tax year, increasing by around £160m to £5.4bn. The taxman's data also highlighted that IHT receipts were at their highest level both in terms of annual revenue and as a proportion of GDP. Canada Life wealth management and tax specialist...
Season One, Episode Two
Sales down 26% in last five years
When promoting protection during pandemic
'Ring fence your past, ring fence your present, ring fence your future'
'These products sell themselves once they are explained the right way'