The majority of workers will pay less in tax from April next year, after Chancellor George Osborne has today announced that the amount people can earn tax free will rise.
People aged over 55 will be able to dip into their pension pot like a bank account as part of the Government's drive to give people greater freedom over retirement savings.
Savers will be able to pass on money in their pension pot tax free to their children and grandchildren upon their death, after Chancellor George Osborne announced that he will abolish a 55% penalty tax for some groups.
Millions of taxpayers will be better off, Chancellor George Osborne announced today. Overall, the Government says a typical worker will pay £800 a year less in tax as a result of today's moves. Here's why.
Smokers will be hit by higher prices as the Chancellor announced increases in tobacco duty in today's Budget. Meanwhile, the price of beer will fall by 1p.
19 March 2014
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