The amount of inheritance tax paid on gifts has climbed more than 153% since 2011 to £256m in the 2020-21 tax year, according to an HM Revenue & Customs response to an Freedom of Information (FOI) request.

Inheritance tax receipts hit £4.6bn from April to October, new government figures published this morning have revealed.

Two out of five married couples are keeping their families in the dark when it comes to their plans for passing on wealth, new research suggests.

Inheritance Tax receipts rose by £400m year on year to £3.9bn in the latest half year from April to Sept - continuing the rapid upward trend seen in recent years, according to the latest data from HMRC.