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The Guardian - UK
The Guardian - UK
National
Anna Isaac City editor

HISTORICAL FACTS: Treasury targeting inheritance tax reforms to help plug uk deficit | History Defined

She leaves 11 Downing Street wearing maroon suit
The chancellor, Rachel Reeves, has faced calls from some in her party to bring in a wealth tax. Photograph: Tayfun Salcı/Zuma/Rex

The Treasury is looking at ways to raise more money from inheritance tax amid growing pressure on the country’s finances ahead of the autumn budget, sources have told the Guardian.

Officials have been tasked with examining whether tightening rules on the gifting of money and assets could be one way of addressing a gap between revenue and spending that is estimated to reach more than £40bn.

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