IHT tax liabilities created in 2022-23 were £6.7bn, up £0.71bn or 12% compared to the previous year.
Inheritance tax receipts for April to June were £2.2bn, over £100m higher than the same period last year, according to new HMRC figures published today.
Pension savers rushed to withdraw their 25% tax-free cash in unprecedented volumes in the 2024/25 financial year, according to new FCA data.