The UK government recorded a surprise surplus in its finances in January despite “substantial spending” to help with energy bills and EU payments.
Higher-than-expected self-assessed income tax receipts boosted the UK’s coffers, helping it spend less resulting in a £5.4bn surplus.
The figures come as the government is set to deliver its Budget next month.
https://www.bbc.co.uk/news/business-64705051
Related content from Claritax Books
Income Tax is a substantial single-volume guide, now in digital format, to all the income tax issues commonly faced by most accountants and tax practitioners.
