UK Budget 2010 - Personal Finance
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Ask the expert: What the Budget means for you
Ask the expert: John Whiting, tax policy director of the Chartered Institute of Taxation, answers your questions on the Budget
Pensioner: ‘The cases recently have been disgusting‘
‘The cases recently have been disgusting‘
Small business: ‘There wasn’t really much to shout about’
‘There wasn’t really much to shout about’
Environmentalist: ‘I think they have missed a trick’
The UK is woefully underprovided in manufacturers who can make solar panels and wind turbines, but the government is doing very little to help, says David Hunt an environmental entrepreneur
Inheritance tax freeze will trap thousands
It won’t just be wealthy families who will end up paying inheritance tax, say advisers, if the nil-rate band stays at £325,000 for four years
Fears over wider impact of pension limits on wealthy
Tax-relief limits confirmed in the Budget could have a trickle-down effect, making it harder for people in every income bracket to save for retirement
Stamp duty relief seen as open to abuse
The government’s definition of what constitutes a first-time buyer has been criticised by mortgage and tax experts as too restrictive and difficult to police.
Pain on the way for highest earners
No new increases in tax rates, apart from stamp duty – but measures announced last year will hit the wealthy in just over a week’s time
New penalties for offshore tax evaders
Offshore tax evaders will face stiffer penalities of up to 200% of unpaid tax under new measures announced in the Budget
Isa allowance to be index-linked
Individual savings accounts were given a further boost in the Budget, as the chancellor announced that the annual contribution limit will rise in line with inflation from 2011/12
