by Rachel from Accounts was meant to bring into the treasury ￡1. 8billion, but it now appears it

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Inheritance Tax receipts for April 2024 to January 2025 are ￡7.0 billion, ￡0.7 billion more than last year, HM Revenue Customs revealed today. Some experts are warning that despite the record tax take, the Chancellor of the Exchequer may be considering removing the ability to gift money tax-free in the seven years before someone dies. Rising property prices and inflation, combined with a freezing of the IHT limits of ￡325, 000 for assets and ￡175, 000 for inherited property, means more and more

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Rachel Reeves twice made the incorrect claim( Image: Getty) Rachel Reeves has been forced to

Treasury Minister Darren Jones( Image: Getty) Chancellor Rachel Reeves has said a Labour Treasury

attempts by Rachel Reeves to cut a key net zero program, it has emerged. The Treasury had hoped to cut

Rachel Reeves speaks with Laura Kuenssberg( Image: PA) Rachel Reeves has confirmed plans to slash

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The Treasury, run by chancellor Rachel Reeves has responded to calls for pension council tax cuts