Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Time to take action

03 October 2017
Issue: 4618 / Categories: News

Expected to rise by one-third in next five years.

Inheritance tax drew £4.7bn from taxpayers in 2016-17  and is expected to rise by one-third in the next five years. Yet a survey by WAY Investments revealed that more than 56% of 61 to 65 year olds have not made a will.

Ian Hobday, chief executive officer of WAY Investments, said: ‘It is imperative that people understand inheritance tax properly. With some simple measures the family left behind could save a fortune.’

Issue: 4618 / Categories: News
back to top icon