Budget 2012: George Osborne's biggest announcements

Help

Huw Edwards highlights the headline announcements of George Osborne's 2012 Budget as he goes through the major changes to tax rates and spending plans.

They included cutting the 50p top rate of income tax to 45p, and raising the salary at which child benefit is to be withdrawn.

BBC Budget 2012

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.