IHT receipts rise £200m in first nine months of tax year

Treasury recorded £6.6bn from estates

Jenna Brown
clock • 3 min read

Inheritance tax (IHT) receipts for April 2025 to December 2025 reached £6.6 billion, a rise of £200 million compared to the same period last year, latest HM Revenue and Customs (HMRC) figures show.

The continued rise in tax take from IHT was deemed "unsurprising" by experts who predicted a surge from April 2027 when unused pension funds fall into the scope of the tax. Andrew Zanelli, head of technical engagement, Aberdeen Adviser, said receipts had been trending upward for some time. He said: "We're hearing from advisers, now that we have government's draft legislation to bring pensions into the tax's scope from April 2027, that they are getting significant numbers of new client enquiries on IHT planning." He added: "For so many clients that have not had to really consider IH...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Regulation

FCA's Consumer Duty review finds weak focus on customer outcomes

FCA's Consumer Duty review finds weak focus on customer outcomes

Review into firms’ outcomes monitoring

Sophia Panayi
clock 27 July 2026 • 2 min read
PRA publishes consultation into mutual transfers

PRA publishes consultation into mutual transfers

Encouraging “healthy market dynamics”

Cameron Roberts
clock 22 July 2026 • 2 min read
IPT raises £2.17bn in Q1 26/27

IPT raises £2.17bn in Q1 26/27

Up £2m year-on-year

Cameron Roberts
clock 21 July 2026 • 2 min read