Grant Thornton's ten Budget predictions for 2012

Personal allowances Osborne will reaffirm the coalition target of raising the personal allowance to £10,000 by April 2015. Although there are suggestions of a more rapid rise, this is unlikely to feature as the cost of implementing it is so high. Pension tax relief There is speculation that the government will limit pension tax relief to the basic rate of 20% in the March Budget, so it's advisable to take advantage of the rule that allows individuals to receive any tax relief which hadn't been claimed in the previous four years. It is worth bearing in mind that this rumour has app...