Budget press releases

Budget press releases - 1990 - Inland Revenue 20 March 1990 .

(a) New tax relief for savings (TESSA) (4) (b) Composite rate tax abolished (3) (c) Additional measures to boost savings (3) (d) Futures and options - tax exemption for pension funds and authorised unit trusts (1) (e) Pension scheme earnings cap increased to £64,800 for 1990-91 (1) (f) Corporation tax: increase in profits limits (1) (g) Business Expansion Scheme (2) (h) Tax reliefs for expenditure on wast disposal sites (1) (i) New tax relief for contributions to training and enterprise councils (2) (j) Dual resident companies (2) (k) Capital allowances and caputal gains; new VAT capital goods scheme (3) (l) Income tax (16) (m) Income tax: company cars (4) (n) Income tax: workplace nurseries (3) (o) Capital gains: transfer of UK branch or agency to UK company (2) (p)Capital gains: miscellaneous provisions (2) (q) Inheritance tax: threshold (1).