Pre-Budget Report 2009
How will the Government lead the UK out of recession?

How will the Government lead the UK out of recession?

"There was an absence of real detail in this Pre-Budget Report. We were expecting some interesting announcements and some clarity but what we got were a lot more questions than answers" says Francesca Lagerberg, Head of Tax, Grant Thornton.

Individuals

Higher earners targeted further on pension relief. Fiscal drag pulls more people into higher tax

Headlines

Banking bonuses targeted and National Insurance Contributions go up

Businesses

Mixed messages for businesses with good news balanced against the National Insurance Contributions increase