Chancellor George Osborne has delivered his eighth budget, announcing a tax on the makers of sugary soft drinks to tackle obesity in children – a move welcomed by television chef Jamie Oliver. Here are the winners and losers of the Spring Budget.
Jamie Oliver: Osborne announced a sugar tax on the soft drinks industry as part of the Budget, with a levy imposed directly on the producers rather than the consumers. TV chef Oliver, a long-term sugar tax campaigner, posted on Instagram: "We did it guys! We did it! A sugar levy on sugary sweetened drinks ... A profound move that will ripple around the world ... business cannot come between our kids' health!"
Airbnb fans: Osborne announced £1,000 tax-free for selling products and services, including renting out your home.
Northern infrastructure: Osborne promised road and rail upgrades, new road tunnels and the trans-Pennine M62.
Middle earners: The rate at which workers start paying top-rate tax is to be raised from £42,385 to £45,000 from April next year. It will hit £50,000 by 2020.
Poorer savers: Low-paid workers who put aside savings could receive a top-up of up to £1,200 – but the top-up will take place over a period of four years. Shadow work and pensions secretary said the plans were "almost identical" to the Labour's Saving Gateway when the party was last in power.
ISA savers: Chancellor George Osborne has announced an increase to the ISA allowance to £20,000 per year from the current £15,000, and has launched a lifetime ISA for under 40s.
Tourists heading to Wales: Toll charges on the Severn crossings will be halved in 2018, Chancellor George Osborne has announced in his Budget.
Beer drinkers: Duty on beer, cider, whisky and other spirits will also be frozen this year – but all other alcohol duties will rise by inflation as planned.
Small businesses: Business rate reforms mean 6,000 small businesses pay no rates and 250,000 have their rates cuts from April 2017.
Those at risk of flooding: An extra £700m for flood defences – to be paid with a 0.5% increase on the tax on insurance premiums.
Smokers: Duty on tobacco products will rise. "Tobacco duty will continue to rise as set out in previous budgets, by 2% above inflation from 6pm tonight – while hand-rolling tobacco will rise by an additional three per cent," Osborne said.
Sweet fans: A sugar tax will be introduced in 2018 to raise £520m for primary school sports.
Disabled people: Cutting Personal Independence Payments is expected to save the Treasury £1.2bn, it will mean 200,000 disabled people are denied access to the benefit. Another 400,000 people will see their benefit payment reduced from £82 to £55.
Landlords: From 1 April, all purchases of additional property — anything that is not intended to be the buyer's main residence — will be subject to an extra 3% levy on top of standard stamp duty rates. There had originally been an exemption for large-scale purchases of 15 or more properties so not to deter institutional investment in house building. But Osborne announced that this exemption will no longer apply.
The insured: Osborne announced that insurance premium tax (IPT) will increase by 0.5% to a rate of 10%.
Schoolchildren: A quarter of schools will stay open one hour longer.
Tax-avoiders: Osborne announced further measures on tax avoidance, including ensuring UK tax will be paid on UK property development.
Women: The 55% VAT on women's sanitary products – dubbed the "tampon tax" – will remain in place, despite calls to end it. Under EU rules, the UK does not have the power to cut VAT on sanitary products. Osborne said the VAT will go to women's charities, including White Ribbon and Breast Cancer Care.