Budget 2015: As It Happens

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The headline announcements:

  • The end of the tax return
  • Fuel duty frozen
  • Personal allowance increased to £11,000
  • New £1,000 personal savings allowance
  • Help to Buy ISAs
  • Tax avoidance and evasion measures to raise £3.1 billion
  • Bank levy increased to raise an extra £900 million a year

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Speaking at the Salzburg Summit on the Brexit negotiations, Juncker revealed:

“No decision will be taken here. Whenever the Commission is too flexible things are going wrong.”

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