How Much Does the UK Government Make from Inheritance Tax?
Quick answer HMRC collected a record £7.5 billion in inheritance tax in 2023-24 — the highest annual receipts in IHT history, and roughly double the
Quick answer HMRC collected a record £7.5 billion in inheritance tax in 2023-24 — the highest annual receipts in IHT history, and roughly double the
Navigating the complexities of UK inheritance law can be daunting, especially when it comes to understanding the current inheritance tax rate. In the UK, Inheritance
Quick answer UK inheritance tax has effectively just one main rate for 2026/27: 40% on the value of an estate above the available nil-rate band(s).

Inheritance Tax is a tax on the estate of someone who has passed away, including property, money, and possessions. The standard rate is 40%, charged