The tax relief rules governing Furnished Holiday Lettings which were due to be withdrawn from 6 April 2010 have been retained.
The lifetime limit for pension benefits and savings remains at £1.8 million in 2011–12 but will be reduced to £1.5 million for 2012–13.
UK computer and video games pundits have become excited on news that Chancellor George Osborne was "reconsidering" tax breaks for the industry.
The recommendation by the Office of Tax Simplification (OTS) to abolish community investment tax relief has been ignored.
It was announced in today's Budget that the income tax relief available through Enterprise Investment Schemes (EIS) has been increased from 20 per cent to 30 per cent from April 2011.
There have been a number of changes to entitlements, including how they are measured, which will actually take place on April 11, 2011.
The government has set a new cap on income tax relief.
