It was announced in the Autumn Statement that insurance tax will increase from 10% to 12% as of June next year. 

What are the key points from the Autumn Statement and how will they affect you?

Chancellor George Osborne’s Budget included a new lifetime Individual Savings Account (Isa) designed to incentivise young people to start saving for their first home or pension.

Among the talk of compulsory maths lessons and fizzy drinks, there were a number of big announcements regarding taxes, savings and pensions in this year’s budget.

The 2016 budget will be announced on Wednesday 16th March, and many have begun speculating the details of Chancellor George Osborne’s speech.

George Osborne gave his Autumn Statement and Spending Review. We have highlighted some of the key points from the Chancellor’s speech.