George Osborne introduced the first wholly Conservative Budget to parliament on Wednesday 8 July. He announced that the UK economy was “fundamentally stronger than it was five years ago”, with a strong rise in living standards.
Mr Osborne told MPs his Budget set out “a plan for Britain for the next five years to keep moving us from a low wage, high tax, high welfare economy; to the higher wage, lower tax, lower welfare country we intend to create”.
To find out more and learn how it might affect you, please refer to our Budget guide.
If the Budget guide does not display correctly, please download the Budget guide pdf.
If you wish to read the full Budget or ‘Red Book’ published by the Treasury and HMRC, this can be downloaded as a pdf from here.