Inheritance tax warning: Britons to face ‘burden’ as Rishi Sunak’s ‘coffers are brimming’ | Personal Finance | Finance
He added: “The latest hike in IHT receipts is once again influenced by the freezing of the nil rate and residence nil rate bands until at least April 2026.
“This results in many estates being dragged into the tax charge threshold on the back of a surge in property prices and stock market recovery from the Covid induced crash.
“IHT increasingly feels like a raid on hard working families with modest assets, property being the largest, rather than the very wealthy it was originally targeted at.”
However, inheritance tax is not the only tax burden Britons are set to face in the coming months and years.