Business news

It could take the length of “two parliaments of pain” before the economy recovers, a thin-tank has claimed.

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.

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

Read our Budget Report here

none

Syndicate content

View our online calculators >

We have a range of calculators to help you to check and plan your finances

Read our limited companies guide >

It’s totally free, and gives you advice and guidance around setting up as a contractor or freelancer.