Those who enjoy fizzy drinks, cigarettes and wine will be hit by tax changes announced in the 2016 Budget – but taxes on cider, beer, whisky and other spirits have been frozen.
Chancellor George Osborne has announced a range of tax cuts for individuals, with the headline news being that the level at which people start to pay income tax will rise to £11,500 in April next year.
The Money Advice Service – the official organisation created to offer consumers free advice on their finances – is to be replaced by a new "slimmed down" body under plans set out in the 2016 Budget.
Millions of households and motorists will pay more after Chancellor George Osborne hiked insurance premium tax (IPT) by 0.5 of a percentage point in today's Budget.
The amount people get in state pension payments from next April has been confirmed by Chancellor George Osborne today, while he also revealed those who leave the UK for more than four weeks at a time will no longer receive pension credit or housing benefit.
The average household will save around £30 a year on energy bills from 2017 as a result of a shake-up of the Government's energy efficiency scheme, Chancellor George Osborne announced today in the Autumn Statement.