Total tax receipts for April 2023 to July 2023 totalled £270.2bn, which is £17.3bn higher than in the same period a year earlier.

Tax receipts from income tax, capital gains tax (CGT) and National Insurance Contributions (NICs) hit a total of £46.8bn in July, up from £31.5bn in June.

Between April to July 2023, these totalled £152.1bn, which is £10.1bn higher than in the same period a year earlier.

Income tax receipts alone were £30.2bn, up substantially from £17.8bn in June – and up on last year’s £25.3bn.

Overall, inheritance tax receipts hit £2.6bn for April to July 2023, which is £0.2bn higher than in the same period last year. Receipts in June 2023 were the highest monthly total on record.