Figures released by the HMRC show that Inheritance Tax receipts for the period 2017/18 have risen to £5.2 billion for the first time. This is an increase of 8% on last year’s figures. The rise is partly due to the rise in properties and a high level of Winter deaths. The number of Inheritance Tax receipts has risen steadily since 2009/10 with an average increase of 10%. The nil-rate band, which is the threshold above which inheritance tax is applicable, has remained constant at £325,000.