This Summary covers the key tax changes announced in the Chancellor’s Spring 2010 Budget speech and includes tables of the main rates and allowances.

Alongside our text we have included tips and traps which you may want to consider.At the back of the Summary you will find a notes page and a calendar of the tax year with important deadline dates shown.

 We recommend that you review your financial plans throughout the year, as some aspects of the Budget will not be implemented until later in the tax year. We will, of course, be happy to discuss with you any of the points covered in this report, and help you adapt and reassess your plans in the light of any legislative changes.