Economy grows more rapidly than expected

The UK economy surprised economists by growing by 0.2% in the second quarter of the year and showed a much better than expected performance in June.

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IHT receipts hit record £7.1bn

The government's inheritance tax (IHT) haul for the 2022/2023 tax year reached £7.1bn - £1bn higher than the record seen in the previous year.

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IHT receipts on target for record £6bn+

Inheritance tax receipts for the current tax year to-date have reached a record £5.3bn, according to the latest figures published by HMRC.

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Autumn Statement: Chancellor slashes CGT allowance

In today’s Autumn Statement Chancellor Jeremy Hunt announced substantial cuts to the Capital Gains tax-free allowance.

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