UK Budget 2006 - Personal finance
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Your money: Budget analysis in detail
The FT’s personal finance team takes a deeper look at the impact of Gordon Brown’s Budget on your pocket.
Inheritance tax boost for middle England
The chancellor delivered a tax boost to middle England by signalling an increase in the threshold for payment of inheritance tax from £275,000 to £325,000 over the next four years.
Earlier filing for income tax returns
Income tax payers will have to file their tax returns up to four months earlier than at present from 2008, under recommendations put forward by the Carter Review on online services.
Rush in property deals to avoid crackdown
Billions of pounds’ worth of commercial property deals have been carried out in the past couple of weeks in an attempt to avoid Wednesday’s crackdown on stamp duty avoidance
Property company shares boosted by Reits news
The Treasury has made it much easier for property companies to convert into real estate investment trusts, a type of tax-efficient property vehicle which will be introduced in January next year.
Children of UK’s poorest families to benefit
Gordon Brown underlined his commitment to eradicating child poverty by promising a further increase in tax credits for low-income families – but campaigners warned he would need to go much further to meet his targets.
Wealthy investors await clarification on pension rules
Wealthy investors will be listening eagerly to the Budget speech today for clarification of the new A-day pension rules a fortnight before one of the biggest pension shake-ups comes into force.
‘Green Budget’ hits business and gas-guzzlers
Greener fuels, energy-efficient cars and buildings, and small-scale renewable energy generation were at the centre of the chancellor’s focus on environmental issues in the budget.
Tax relief for home computers scrapped
The chancellor has made a surprise U-turn, removing the tax relief underpinning the Home Computing Initiative that has helped millions of employees obtain cheap computers.
VCT relief cut to 30% to damp buyers' frenzy
Wide-ranging changes to the rules governing venture capital trusts and the enterprise investment scheme announced in the Budget will focus both programmes more on smaller - and riskier companies.
