The new spring budget includes many new features, including the freezing of tax on fuel and he also cut 1p from beer duty, 2% from cider and whisky.
However, the chancellor also announced plans for a tax rise of 16p for cigarettes.
New benefits for the elderly such as Relaxing pension rules from April 2016 to allow up to five million existing pensioners to swap their fixed annual payments for cash.
Savers have also benefited - First £1,000 of savings interest would be tax free - meaning 95% of savers would pay no tax.
Here is the budget in full:
However, the chancellor also announced plans for a tax rise of 16p for cigarettes.
New benefits for the elderly such as Relaxing pension rules from April 2016 to allow up to five million existing pensioners to swap their fixed annual payments for cash.
Savers have also benefited - First £1,000 of savings interest would be tax free - meaning 95% of savers would pay no tax.
Here is the budget in full:
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