Recent data has revealed that inheritance tax (IHT) receipts reached a record level in the 2022/23 tax year. Source: HMRC. Every month the government publishes data that sets out HMRC’s cash tax receipts in detail. The data issued in late … Continue reading →

If you are self-employed, the new tax year may be longer than you think. If you are self-employed, until 2023/24, you have normally been taxed on the profits made in the accounting year that ends in the tax year. For … Continue reading →

The government has announced a new initiative to counter fraudulent activity, particularly in the financial sector. You might not be surprised to learn that fraud is now the most common crime in England and Wales, although you may not be … Continue reading →

An announcement in late May will herald a fall in gas and electricity bills from July. Source: Ofgem, Cornwall Insights. Remember the Ofgem price cap? A little over a year ago it was the headline grabber, with the news that … Continue reading →