Emergency Budget 2010 Tax

With strong pressure to reduce the deficit the Chancellor's first budget had to walk the tightrope of raising revenue without stifling the economy. Below we analyse how well he did.

Capital Gains Tax

Will the extension to entrepreneurs' relief compensate for the increase in the rate of Capital Gains Tax?

Is the UK a good place to be?

Chancellor tackles NIC 'jobs tax' and proposed new General Anti-Avoidance Rule

Financial Services

Banking levy and consultation on remuneration announced, plus key items for investment management

VAT increase and other indirect taxes

How will the VAT rate increase, and other important indirect tax changes, affect businesses and consumers?

Personal tax and pensions

Enhancement of the personal allowance but what will come of the pension changes due in April 2011?

Business

Reduction in capital allowances and decrease in corporation tax rates