Budget 2012: your money highlights

Budget 2012 included a series of announcements that could affect your finances. Highlights included: The personal allowance will increase to £9,205 in April 2013, putting the Government on track for its £10,000 target. The 50% additional tax rate will reduce to 45% from 2013, after the new rate caused ‘massive distortions’ and raised just one[…]