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Stay up to date on all of the latest business and tax happenings.
Figures have shown that UK borrowing over the last financial year was £7.6 billion lower when compared to the year before.
Data published by HMRC has revealed that inheritance tax (IHT) receipts rose to a record high of £7.5 billion in the 2023/24 tax year.
The government has been accused of confusing small firms before new import rules on plant and food products are introduced, according to the Federation of Small Businesses (FSB).