Tomorrow Chancellor George Osborne will present his fourth Budget to parliament. But what delights will it contain and how will these measures affect your clients?
Speculation that the country is likely to experience its first ‘triple dip' recession this quarter, combined with the the loss of its prized AAA rating last week, means this is likely to be a particularly difficult budget for the government. Pressure is mounting for Osborne to kick start the economy, but he has been clear that he will continue to pursue ‘austerity' as a policy. In which case, how much room for manoeuvre has he actually got? Pensions There have been massive changes to pensions over the last two years, with a reduction in the annual pension allowance from a gross a...
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