Inheritance taxJan 9 2025

HMRC to raise millions of extra revenue from interest on late IHT payments

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HMRC to raise millions of extra revenue from interest on late IHT payments — © EPA/Andy RainAn executor has until the end of the sixth month after the individual has died to pay inheritance tax due.

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Taxpayers could pay an millions of pounds extra in interest on late inheritance tax bills as rates are due to rise.

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HM Revenue & Customs