Tax Planning

The limit at which child benefit will be scrapped for families has been increased to £50,000, Chancellor George Osborne announced today.

The point at which people start paying income tax will be increased to £9,205 from April next year, George Osborne announced in today's Budget.

The Chancellor has set out plans to clamp down on the use of tax loopholes and reliefs as part of a raft of measures targeting the wealthy.

The 50p top rate of income tax will be reduced to 45p from April next year, Chancellor George Osborne announced this afternoon.

Corporation tax is to be reduced from 26% to 24% from 1 April in an attempt to attract business investment.

BUDGET ODDS

Two members of the Bank of England's Monetary Policy Committee called for further stimulus to offset the UK's lacklustre growth, the minutes of the latest meeting have revealed.

About 66% of Brits expect today's Budget will leave them feeling less confident about their finances, according to research.

Children could miss out on more than £300m in returns on savings over the next decade because of government rules preventing transfers from child trust funds (CTF) into Junior Isas, according to new research.

The Chancellor George Osborne will today raise stamp duty on the country's highest priced properties as part of a tax raid on the wealthy.