The income tax threshold will increase by by £1,000 in April, the Chancellor said today in his emergency Budget.
The FTSE showed little reaction to Chancellor George Osborne's Emergency Budget, narrowing only slightly by 0.2% as he finished delivering it.
The Government is set to work with the industry on "alternative ways" to implement pension tax relief restrictions - and is considering reducing the annual allowance to as little as £30,000.
Capital gains tax (CGT) will rise to 28% for higher earners from midnight tonight, but the rate for basic rate income taxpayers will stay the same.
Chancellor George Osbourne has announced insurance premium tax (IPT) will rise.
Chancellor George Osborne has raised VAT from 17.5% to 20% in his emergency Budget today.
Chancellor George Osborne has clamped down on the UK banking sector with a new tax on profits.
George Osborne has given British business a boost by introducing four annual reductions in the rate of corporation tax.
Schroders has acquired a 49% stake in RWC Partners, the future destination of the group's former income fund managers Nick Purves and Ian Lance.
Medical assessments are to be introduced for those in receipt of the disability living allowance from 2013, the chancellor George Osborne has said.