How the chancellor’s changes to tax, benefits and pensions will affect your personal finances

• What the budget means for your finances
• Budget 2024: key points at a glance

The chancellor, Rachel Reeves, has pressed the button on a range of tax and benefits changes that will have an impact on the pound in your pocket. Through a range of scenarios we explore what it means in financial terms.

Some figures rounded up to the nearest pound. In some cases different rates apply in Scotland.