What is your reaction to the Budget?
Chancellor George Osborne has delivered his first Budget to the House of Commons. Was it - as Osborne claimed - "tough but fair?"
Among the changes announced were a VAT rise to 20% and a two-year pay freeze for public servants paid over £21,000.
He said that the measures announced were designed to eliminate the deficit within five years and insisted that the Budget would lay the foundations for a more prosperous future.
You can find out how these changes will affect you with the BBC's Budget calculator.
What do you think of the measures announced in the Budget? Do you agree with George Osborne's proposals? How will you be affected?