Teaching activity
Data Starter: Inheritance Tax in the UK since 1975
1st November 2024
What share of estates are liable for paying IHT in the UK and how much revenue does IHT raise?
Using this IFS Tax Lab chart, answer the following questions:
1. Identify two significant features of the chart showing 'Share of estates at death liable' to pay IHT 1975-2021
2. Click on '(b) Revenue 2023-24 prices' link under the chart and use this revenue chart to calculate the percentage increase in revenue from IHT expected between 2010-11 and 2025-26 to two decimal places.
Download our suggested answers for this resource here
Elizabeth Veal
Liz has taught Economics for over 25 years, including several years as Head of Economics at leading schools.
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