Government's house price wheeze means more tax

Michelle McGagh
Coin stacks arranged to form a house shape. Concept image about rising house prices and mortgage costs. Copy space on the left s
Coin stacks arranged to form a house shape. Concept image about rising house prices and mortgage costs. Copy space on the left s

Inheritance tax (IHT) may not be a mandatory tax but it's getting harder to avoid as house prices rise and the threshold fails to keep pace.

Once widely considered a tax on the rich, the prevalence of IHT being paid by 'ordinary' people is increasing.