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Introduction
of a 50% top rate of tax for those
with income over £150,000
from 2010 and phased reduction
of personal allowances for those
with income over £100,000.
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Increases
in ISA limits from October this
year for those aged over 50 and
for everyone from April 2010.
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Enhanced
relief for trading losses extended
by a further year.
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Short
term increase in capital allowances
on most plant and machinery.
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Extension
of the furnished holiday lettings
scheme to properties in the EEA
but then the removal of the scheme
completely from April 2010.
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Names
of deliberate tax defaulters to
be published where default was
tax in excess of £25,000. |
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Removal
of the £12,000 ‘expensive
car’ limit for capital allowance
purposes |
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Availability
of non-repayable tax credit on
overseas dividends received by
any individual
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Removal
of tax charge for companies on
overseas dividends |
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Extension
of HMRC compliance powers across
all the taxes dealt with by HMRC. |