Chancellor George Osborne has partly reversed a planned cut in child benefit, meaning more families will be entitled to help than was originally proposed, though anomalies still exist and confusion still reigns.
Pensioners received a £3.3 billion blow in today's Budget as they found out they will eventually lose the higher personal allowance they enjoy in comparison to the rest of the population. This has been dubbed the new 'Granny Tax'.
Low and middle income earners received a boost today as Chancellor George Osborne revealed the personal tax allowance will rise for the under 65s, but pensioners will lose out.
Chancellor George Osborne has partly reversed a planned cut in child benefit, meaning more families will be entitled to help than was originally proposed, though anomalies still exist.