Pensions saw the biggest changes in the 2014 budget. From now on people will not be forced to buy annuities as all tax restrictions on people accessing their pensions will be removed.
The Government could defer several of the tax increases it announced for 2010 and 2011 due to the deepening recession, according to chartered accountants MacIntyre Hudson.
George Osborne has pledged more support for the manufacturing sector today, promising to help businesses save £7 billion in reduced energy costs.
Cuts in pension tax relief and child benefit look set to hit the headlines after Wednesday’s Budget, but employees’ personal allowance could also be increased from £8,105 to £10,000 per annum,...
The chancellor has confirmed cuts in public-sector pay and pensions in his Budget Speech.