26th April 2022
NI receipts totaled £157bn, up almost 10pc on the prior year even before higher rates came from April. Capital gains duties paid on investment profits rose a third to almost £15bn, while the Treasury’s take of divisive 40pc death duties reached a record £6bn, driven up by higher house prices.
Katharine Arthur, Partner and Head of Private Client, discusses this tax haul in a recent article for The Telegraph.
To read the full article, click here.