IHT receipts leap £400m to £7.5bn

New figures published today by HMRC have revealed that inheritance tax receipts for 2023/24 climbed £400m to a new record £7.5bn.

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Higher state pension to push many into tax net

Around 12m State Pensioners will be more than £800 a year better off from 6 April but the extra cash could push many into a tax-paying bracket for the first time, experts have warned.

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Advisers urge Government to cut pension tax burden

Financial advisers have called on the Government to prioritise pension reforms that would lessen the tax burden on clients.

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Spring Budget: Chancellor cuts NI by another 2pc

Chancellor Jeremy Hunt has announced a cut to employees’ National Insurance from 10% to 8% from April as one of a raft of measures announced in his Spring Budget today.

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