Budget 2013 is a budget which supports people who work hard, save and aspire to a better life for themselves and their families.
That's why Budget 2013 is a a budget for an aspiration nation - a budget that:
Backs families
From 2015 we're offering tax-free childcare. We will pay 20 per cent of a working family's childcare bills every year - up to £1,200 per child. A family with two children will be up to £2,400 a year better off.
Backs Britain's hard-workers
This Budget raises the personal tax allowance to £10,000 from April 2014. This is a tax cut for 24 million people. As a result individuals will pay £700 less in income tax than they did in 2010. And 2.7 million will have been taken out of tax altogether.
Backs home-buyers
Conservatives want to help more people on and up the housing ladder - and in this Budget we put forward £3.5 billion to do just that, giving people equity loans of up to 20 per cent to help them buy newly built houses.
Backs job-seekers
This Government has already helped create one and a quarter million private sector jobs - but with this Budget we go further. Next April we will cut the employer National Insurance bill of every business by up to £2000. That means they'll be able to take on up to 4 people full time on minimum wage without any increase in their NI bill.
Backs British businesses
Our businesses are competing in a global race for wealth, work and opportunity. Today we give them a big boost in that race: we are cutting corporation tax to 20 per cent by 2015. That is the lowest rate in the G20 – the group of the world's 20 major economies.
Backs drivers
Fuel duty is being frozen once again - making this the longest freeze for over 20 years. Pump prices will be 13 pence lower than under Labour's plans - leaving the average motorist with £170 more in their pocket over a year.