Sharon Graham, the Unite general secretary, says direct action is being considered to save UK jobsBritain’s income from inheritance tax is on track to hit a record this financial year, having risen around 10%.Inheritance Tax receipts for April 2024 to January 2025 are now £7.0bn, new data from HMRC shows, which is £700m higher than the same period last year.“The inheritance tax creep crawls ever higher, hitting £7bn so far this tax year. This puts it well on track to surpass the £7.5bn record that it hit a year earlier.With government plans to include pensions in the net for inheritance tax from 2027 and thresholds remaining frozen, the tax take is only going to get higher. Continue reading...

View Entire Post