The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Inheritance tax receipts soar to £6.4bnFebruary’s inheritance tax take totalled £521 million.
Inflation rises to 10.4% in FebruarySalad and vegetable shortages drive soaring food prices.
Finance sector increases female representationThe proportion of women in senior management rises to 35%.
MTD for ITSA delay costs £1.75 billionThe scheme will roll out from 2026.
HMRC overhauls cryptoasset reportingChanges will apply from 2024/25.
Energy price guarantee extendedHouseholds will receive the support until July.
Business leaders react to Spring Budget 2023The key reactions from around the UK.
Economy narrowly avoids recession in forecastsUK escapes technical recession but will still contract by 0.2%.
Full expensing introduced for companies from 2023-26Companies will be able to deduct 100% of qualifying investments.
Pension lifetime allowance charge abolished from April 2023Chancellor aims to bring over-50s back to the workforce.