How inheritance tax is becoming a ‘bill for ordinary households’

Inheritance tax receipts have hit a new high as frozen thresholds and rising property values drag more households into the tax net. Inheritance tax (IHT) receipts have hit £3.8bn so far this financial year, surpassing the £3.7bn recorded at the same point last year, according to the latest data from HMRC. Total receipts reached £8.5bn [...]