IHT receipts rose by almost an extra £100m in April – and the bills are only going up

Latest official figures show families paid £97 million more in inheritance tax than a year ago, as frozen thresholds mean higher bills

Woman working with laptop and documents at kitchen table at her home
(Image credit: Getty Images)

Inheritance tax (IHT) payments brought a total of £780 million into the Treasury just in April, the second highest monthly total ever recorded, HMRC data shows.

It comes as frozen tax thresholds and higher house prices continue to pull people into the IHT trap, and marks an increase of £97 million in IHT revenues compared with the same month last year.

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Laura Miller

Laura Miller is an experienced financial and business journalist. Formerly on staff at the Daily Telegraph, her freelance work now appears in the money pages of all the national newspapers. She endeavours to make money issues easy to understand for everyone, and to do justice to the people who regularly trust her to tell their stories. She lives by the sea in Aberystwyth. You can find her tweeting @thatlaurawrites