Personal tax

Sunak aligns NIC threshold and income tax

Primary threshold and lower profits limit increasing to £12,570.

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Penalties nearing for unpaid tax

Prices increase by nearly 10% in 12 months

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Start of new tax year

Income tax freeze set to bring in an additional £13bn

Higher inflation expected to bring more people into tax.

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IHT receipts up £0.7bn

Increase attributed to COVID-19 and rising house prices.

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More than one million use extra time to file tax returns

Over 11.3m individuals file self-assessment tax returns by 28 February 2022.

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£2.8bn in state benefits go unclaimed

Billions were not taken up in 2019/20, says DWP.

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Taxpayers flock to use time-to-pay plans

£310 million paid in instalments since April 2021.

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Just 1 in 5 think inheritance tax is fair

More estates are being dragged into paying death duties.

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