When the cut to child benefit for higher rate tax payers takes affect in 2013, it is clear many middle to high income earners will lose out. (theguardian.com)
7475 pounds - personal allowance for basic rate tax payers from next April 5000 national insurance exemption for people setting up businesses outside London and South East 400 pounds - maximum weekly limit for Housing Benefit (channel4.com)
But widely trailed plans to raise personal allowances for basic rate tax payers by # 1,000 to # 7,475 from next April were kept, plans which Mr Osborne said will take 880,000 people out of income tax altogether. (channel4.com)