taxliability on Birmingham Dailyhttps://birminghamdaily.co.uk/tags/taxliability/Recent content in taxliability on Birmingham DailyHugo -- gohugo.ioen-usSat, 20 Jun 2026 05:25:20 +0000HMRC Confirms Tax Rule Change Impacting 10,500 More Householdshttps://birminghamdaily.co.uk/hmrc-confirms-tax-rule-change-impacting-10500-more-households/Sat, 20 Jun 2026 05:25:20 +0000https://birminghamdaily.co.uk/hmrc-confirms-tax-rule-change-impacting-10500-more-households/HM Revenue & Customs (HMRC) has confirmed a significant shift in inheritance tax (IHT) rules, set to affect an additional 10,500 estates starting from April 2027. This change comes as part of the government’s efforts to broaden the tax base, leading to an increase in inheritance tax receipts, which reached £730 million in May 2026—up from £701 million a year earlier. Shaun Moore, a tax and financial planning expert at Quilter, explains, “While monthly tax figures can fluctuate, the overall trend is clear: more estates falling within the scope of inheritance tax due to frozen thresholds and rising asset values.