IHT returns comment - Will Hale CEO of Key Advice

19 September 2025

Will Hale, CEO of Key Advice & Air comments on today's IHT data:

Today’s numbers are a further reminder of the money that is leaking from estates and the importance of good financial planning in order to protect wealth for the next generation.

Whilst part of the reason for the increase in IHT receipts is down to recent rises in asset values, which is a positive for customers, it should be remembered that the Government has consistently chosen to maintain tax free thresholds at their 2020 to 2021 levels. Judging by the ‘kite flying’ that is taking place in advance of the November Budget there must be a high likelihood that not only will these tax thresholds be left untouched but also further measures implemented to boost public finances through increasing the tax take upon death.

Tax planning must not be the preserve of the high net worth. It is imperative that all families seek advice and, given that £3.7 trillion of property wealth sits in the hands of the over 55s, that this advice includes a consideration of all options for reducing the IHT liability – including modern later life lending solutions such as lifetime mortgages.