Inheritance tax increases expected in Budget

Getty ImagesThe government is planning to increase the amount of money it raises in inheritance tax at the Budget, the BBC has learned.
It is not known how many people are likely to end up paying more, nor how much more they would pay.
It is understood the prime minister and the chancellor are considering multiple changes to the tax, which currently includes several exemptions and reliefs.
Inheritance tax is charged at 40% on the property, possessions and money of somebody who has died above the £325,000 threshold.
It raises about £7bn a year for the government.
Around 4% of deaths result in an inheritance tax charge.
The tax includes a series of exemptions which over the years several governments have considered changing in order to raise more money.
It is thought changes to a number of these are under consideration.
Current exemptions and reliefs include rules around gifts that are given while you are alive.
Gifts given less than seven years before you die may be taxed.
There is also Business Relief for Inheritance Tax, and Agricultural Relief, which allows land or pasture that is used to grow crops or to rear animals to be free of Inheritance Tax.
It is not known what changes will be made in the Budget on Wednesday, 30 October.