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Written by Daniel Gricks
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Wednesday, 01 April 2009 |
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Alistair Darling presented his third Budget on Wednesday 24 March 2010.
Having acknowledged that the country is emerging from deep global recession and needing to provide a route to long term prosperity he announced a number of new measures.
Main Budget proposals:
- Entrepreneurs' Relief limit doubled to £2 million
- Annual Investment Allowance doubled to £100,000
- Changes to certain loan write off rules for close companies
- Inheritance tax nil rate band frozen at £325,000
- SDLT relief is introduced for first time home buyers
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Last Updated ( Wednesday, 09 June 2010 )
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