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Insights May 12, 2023

Inheritance Tax set to Double by 2030

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HMRC recorded £5.4 billion in inheritance tax collected in the 2018-2019 tax year. This is a £200 million rise on the previous year. Canada Life have predicted that figure to rocket to £10 billion by 2030. This is due to a few things, firstly because house prices particularly in the South East continue to rise,…