Pre-Budget Report 2009 Introduction Personal tax Tax rates and allowances Furnished holiday lettings Pensions and Credits State Pension Rates of tax credit National Insurance Contributions Rates and limits: 2010/11 Rates and limits: 2011/12 Employees Bankers' bonuses Electric cars and vans Cars up to 2012 Car fuel Works canteen Savings Pension contributions Capital Gains Tax Annual exemption and rate Inheritance Tax Rates and threshold Stamp Duty/Stamp Duty Land Tax Extended holiday ends Corporation Tax Rate of tax Business Tax Bank payroll tax Capital allowances Research and development Time to pay Empty property rates relief Value Added Tax Standard rate Flat rate Other Measures Equitable liability Offshore disclosure opportunity Public sector pay and pensions Tax avoidance

Public sector pay and pensions One of the biggest measures announced in the PBR is a cap of 1% on public sector pay settlements in 2011/12 and 2012/13, to deliver savings of £3.4bn a year, and reforms to public sector pensions from 2012/13, delivering another £1bn of savings. The Government has to cut spending, and its payroll is clearly one of the largest figures in the budget - but many public sector workers will feel that they are having to suffer for the rest of the country.