Inheritance tax receipts up by £0.3bn

Total payment of £2.4bn paid on inheritance tax.

Tax relief for creative businesses exceeds £1bn

Total tax breaks are down by a third on previous year.

Govt. expands ‘help to grow: digital’ scheme

Scheme expanded to very smallest businesses.

Bank of England raises interest rates to 1.75%

Increase sees the highest jump in 27 years.

UK inflation hits 10.1%

Inflation reaches double digits for first time since 1982.

Wages fall at record rate

Pay decreased during rising costs of bills.

HMRC late payment interest rises this month

The decision follows Bank of England’s base rate increase.

Economy shrinks between April and June

ONS says GDP fell as predicted by 0.1%

BBRS urges SMEs to register banking disputes

The service is reminding businesses there are six months left.

Number of non-dom taxpayers drops, says HMRC

Tax contributions still surpassed £7 billion.

HMRC late payment rates to be revised

Changes will reflect the rise in interest rates

Charity powers expanding this autumn

Changes in financial governance taking place over the next year.

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