New data on the nation’s finances published by the Office for National Statistics today showed that the UK saving ratio now stands at 11.1%, higher than it was before the pandemic.

The number of non-domiciled taxpayers in the UK climbed 7% in 2023 and they paid £8.9bn in tax, according to the latest HMRC figures for 2023.

The number of investors claiming tax relief on a Venture Capital Trust (VCT) investment in 2021/22 rose by 32% (year-on-year) to 25,800, a new report says.

Britain’s top 100,000 taxpayers saw their average income and capital gains tax bills surge by 18% in one year, according to a Freedom of Information request.