Every year before New Year's Eve rolls around, the question a lot of people will asks themselves is: "What am I going to wear?"
As you bid farewell to 2014 and celebrate your entry into 2015, you will want to make sure you step out in style.
But fear not, for there are several easy and affordable looks you can put together that will have all eyes on you while you enjoy the night.
IBTimes UK has put together a list of some of the most stylish dresses under £50.
1) Hayden Dress
Be the talking point of any party with the glitzy bandeau sequin maxi dress teamed with black high-heel sandals to complete the look.
Hayden dress, £35, Boohoo.com; Sandals, £15, New Look.
2) Purple cut-out dress
To see the new year in with a bang, wear this daring purple cut-out style dress with a pair of silver strappy stilettos.
3) Firecracker dress
New Look's Firecracker dress will have you turning heads wherever you go on New Year's Eve. Team it with a faux-fur clutch to amp up the glamour factor.
Fire Cracker dress, New Look, £30; black clutch, New Look, £18.
4) Foil dress
Dazzle in this stunning foil dress, which can easily be dressed up with a a chic pair of heels for a party-ready look.
Foil dress, Topshop, £36
5) Dark blue-bird maxi dress
See in the new year in this elegant dark blue and chain detail maxi-dress. Finish off the look with some black T-bar sandals and a patent clutch.
Blue bird maxi dress, H&M, £39; Suede sandals, H&M, £69.99.
6) Body con lace dress
Whether your attending a cocktail party or heading to a local bar, look amazing in this lace emerald green dress teamed with glittery sandals and elegant chandelier earrings.
7) Pink pointed bust midi dress
Channel your inner city chic on NYE by stepping out in this pink midi dress, accessorised with a black croc print clutch and princess jewel earrings.
8) Floral party dress
With a glamorous twist to the classic little black dress, this party dress is perfect for a fun-filled night whether you are heading out for a meal or cutting some serious shapes on the dance floor.
Floral Flock party dress by Mistress for Lipsy, £50.
9) Crepe wrap jumpsuit
If you want to go for a more understated look on NYE, pair this sleek wrap jumpsuit with a stylish pair of nude studded heels and sapphire-style statement earrings.
10) Coral splash
For a cool colourful look, style this high-neck coral shift dress with a metallic clutch. Finish the look off with some shimmery gold diamante heels.
Anya high neck woven dress, Boohoo.com, £18; Jess platform heels, Boohoo.com, £27; Liz snake effect box clutch, Boohoo.com.