Government tax take soars 12% year-on-year to £50bn in April

Boris Johnson is holding a crisis Cabinet on the cost of living today as new figures showed the government tax take soaring 12 per cent year-on-year.

The Treasury raked in £50.2billion in April – £5.5billion higher than the same month last year after the national insurance hike came in.

The figures will heap pressure on the PM to announce more help for families struggling to get by as inflation spirals. Official figures also revealed this morning that the cost of the £150 council tax rebate trumpeted by Rishi Sunak previously has already been clawed back from other local government spending.

However, there is little sign that a fresh package of support is imminent, with squabbling between ministers over whether to impose a windfall tax on the surging profits of energy firms and Tory calls for immediate tax cuts.

There are claims today that the Chancellor is drawing up a levy that would target renewable electricity generators as well as oil and gas producers to increase the revenue…

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