HMRC
Five-year freeze on inheritance tax allowance could bring in £985m in revenue
Last week the Chancellor revealed, in the 2021 Budget, inheritance tax allowances will be frozen for five years until 2026. The freeze has been announced following the governments plans to raise funds to pay back the debt incurred during the coronavirus pandemic. A five-year freeze on inheritance tax allowances will bring in £985m in revenue,
11 March 2021