Home2023May (Page 55)

<?xml encoding="utf-8" ??>The UK’s borrowing bill rose in April on the back of stubbornly high inflation forcing up the government’s debt interest payments. Official figures showed that public sector borrowing climbed to £25.6 billion last month, up from £13.7 billion in the same month last year

<?xml encoding="utf-8" ??>Inheritance tax receipts hit £600 million in April 2023 according to data released by HMRC this morning. This is £100 million higher than in April of the previous tax year. Years of house price increases, soaring inflation, and tax freezes have pushed an increasing