British Airways signalled the start of a protracted battle with the Pensions Regulator over the price tag on its retirement obligations, the outcome of which will be crucial to its tie-up with Spain's Iberia
Bankers should count themselves lucky they are being hit by a mere 50 per cent additional tax on bonuses, a report argues, because their benefit to society is negative
Hundreds of thousands more taxpayers could be drawn into the 40 per cent income tax band over the next few years, accountants say, following a freeze on the higher-rate threshold and personal allowances in Alistair Darling's pre-Budget report (PBR) this week
The inheritance tax (IHT) nil rate band is to be held at £325,000 in 2010, while the elimination of two loopholes in IHT rules may result in closer scrutiny of funds that are transferred into trusts used for IHT purposes.
A boiler scrappage scheme and an exemption of all electric cars from company car tax for five years are part of a range of green measures to encourage consumers and businesses to become more energy efficient