Liz Peace, chief executive of the British Property Federation, has complained about the Chancellor's decision to keep the empty property rate tax, which taxes empty properties at the same rate as occupied ones:
It is extremely disappointing that the Chancellor has ignored the calls fromsmall businesses, landlords and his own backbenchers to provide some relieffrom this regressive and negative tax, which is choking economic growth andpenalising those already suffering from the wider economic situation.
The Chancellor has jumped to defend a Budget that appears to target pensioners and, according to the IFS, may not be as neutral as claimed.
The Chancellor's announcement of freezing pensioners allowances caused widespread anger, but who will be affected by the "granny tax"?
Babies born in 2012 will be able to retire in 2092 after the Chancellor announced changes to the way retirement ages are calculated.