BUDGET AT A GLANCE
TAX RISES
2.5million selfemployed will lose £240 a year on average as their National Insurance goes up from 9 to 10 per cent.
Over 1million savers with shares will lose £320 a year thanks to a reduction in the tax-free allowance on dividends.
Another 1.4million freelance workers will be hit by a reduction in the dividend allowance from £5,000 to £2,000.
Mobile phone calls made from outside the EU will be subject to VAT at 20 per cent for the first time.
Motor insurance premiums will rise by 10 per cent – costing drivers an extra £50 on average - thanks to a controversial change to compensation payouts.
ECONOMY
Office for Budget Responsibility revises 2017 growth forecast up from 1.4 per cent to 2 per cent.
However, inflation will hit 2.4 per cent later this year, the OBR says.
Tax receipts will hit 34.4 per cent of GDP – the highest proportion since 1969-70.
HELP FOR BUSINESS AND SOCIAL CARE
£435million help for struggling firms that have been hit by business rates hikes, including a discount for all but the largest pubs.
Small businesses will get longer to prepare for quarterly tax returns.
An extra £2billion on social care over three years to help English and Welsh town halls take some pressure off the NHS.
Review of longterm options for social care – but ‘death tax’ ruled out.
£100million to place more GPs in hardpressed A&E units next winter.
EXTRAS
More money for free schools and new T-Levels to give parity of status for technical education.
Crackdown on misleading small print in terms and conditions.
Levy on sugary drinks will raise less than thought.
A minimum excise duty on cigarettes will see cheapest packets cost £8.82
An extra £20million for domestic violence charities.
Millions to help tackle transport pinch points.