Treasury receives £5.4 billion surplus in January
Income tax receipts hit £21.9 billion – the highest take on record.
Income tax receipts hit £21.9 billion – the highest take on record.
Late payment penalties are up to 17 times higher than repayment amounts.
Falling fuel prices and the cost of eating out drove down inflation in January.
ONS figures show zero growth in the last quarter of 2022.
Many local authorities plan to raise council tax by the maximum amount in April.