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Personal tax

Tax Charter clause 'very welcome'

An enabling clause should give taxpayers a greater stake in the planned Tax Charter.

Some high earners could benefit from new pensions tax relief rules

People who earn more than £150,000 will get 50 per cent tax relief on the contributions they make to their pensions for one year.

Extra pension tax charges for high earners

A detail in the Budget announcement has revealed that people who earn more than £150,000 a year will have to pay tax on the contributions that their employers make to their company pension schemes.

Holiday home owners to lose tax benefits

Rules that allow owners who rent out holiday homes to set trading losses against their tax bills are to be dropped from April 2010.

Budget 2009: personal tax – 50 per cent top rate on income tax

Future tax rises were always likely to be on the agenda as the Chancellor seeks to reassure the international money markets that he has plans laid to reduce the UK’s huge borrowing deficit.

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