Inheritance Tax  

IHT to be 'battleground policy' in general election as receipts continue to grow

These latest receipts in November largely relate, according to HMRC, to October liabilities.

Business taxes were also included in the bulletin which found an overall increase of £7.3bn in the period of April to November 2023 when compared to the previous year.

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HMRC reported that business taxes reached £53bn, an increase on the £45.7 that was recorded in the same period in 2022.

tom.dunstan@ft.com

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