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By Chris Dorrell Inheritance tax generated record receipts last year as debates continue to swirl around the future of one of the UK’s most unfair taxes. New figures out today showed that the government raised £7.5bn through inheritance tax in the last financial year, a £400m increase on last year’s record of £7.1bn. Stacey Love, technical manager, tax, trusts and estate planning at Canada Life, said inheritance tax was “the tax gift that keeps on giving”. Like many other taxes, the government has frozen the thresholds at which inheritance tax applies, meaning more estates have been pulled int…

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