George Osborne has delivered the 2012 Budget; he opened by saying that the Budget would “reward work” and that Britain “is going to earn its way in the world”.
He also said that it was a Budget for families and was “unashamedly on the side of business and aspiration.”
So, what were the main points? How will you be affected?
The main headlines were created by two announcements on Income Tax, so let’s start there.
The Chancellor announced the largest ever increase in the Personal Allowance to £9,205 from April 2013. The Chancellor said that 24 million people earning below £100,000 per year ...