Treasury

Receipts rise again by £400m at the halfway mark

Insurance Premium Tax receipts rise by over a quarter in the past year

FCA's Mark Manning made the announcement at SIF 2023

Govt needs to pay almost £30bn a year in 2023, 2024 and 2025

Move comes as part of the government's green finance strategy

Consultation is a part of the Edinburgh Reforms

Bill legislates for the pensions tax changes announced last week

Alongside a separate joint discussion paper by FCA/PRA

‘Some rowing back’ may happen as framework is taken apart

Office for Budget Responsibility predicts IHT receipts will grow