Markets Live: Johnson celebrates capitalism as Sunak kicks the can
Westminster's hotly anticipated tax day took place on 23 March with the Treasury publishing a number of documents and consultations. Chief among the proposals was the removal of red tape for those dealing with inheritance tax and an extension of the social tax relief.
But in other areas Rishi Sunak continues to kick the can down the road. He shied away from any immediate overhaul of the way trusts are taxed, stating that it will instead review specific areas on a "case-by-case" basis for now, while any reforms on the business rates system will be set out in the autumn.
