Inheritance Tax receipts during the Labour 2024– government
Year ending March 2024 → Year ending March 2026 · 2 periods
↑ 12.9%+£968m £ million
Inheritance Tax receipts rose by 12.9% over the period, from £7.5bn £ million (Year ending March 2024, the level when the government took office) to £8.5bn (Year ending March 2026, the latest available).
Inherited level Year ending March 2024: £7.5bn
Latest Year ending March 2026: £8.5bn
method: latest complete period before start / before end
Changes during this period do not by themselves show what the government caused. Statistics reflect many influences, including earlier decisions, the economy and how the data is collected.
Published valueProvisional or revisedLatestShaded bands: governments (see labels)Hover or use arrow keys to read a value
Definition and caveats
Inheritance Tax received in the financial year.
Doesn’t measure: How many estates paid it, or the value of estates that fell below the threshold.