Death tax bills surge with Budget raid taking thousands from bereaved | Personal Finance | Finance
Government receipts from Inheritance Tax (IHT) surged by £200 million in the three months from April to July, according to new official figures.
The total raised from what has become known as Britain’s most hated tax in the three months rose 9 percent to £2.8 billion.
Finance experts believe this is only a small indication of things to come with the Chancellor Rachel Reeves expected to announce plans to rake in billions more in death taxes in the Budget in October.
Private pension pots are…
