Budget 2017: Online calculator reveals what Philip Hammond's announcements mean for your money

Tool shows individual impact from the raft of changes outlined by the Chancellor on Wednesday

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There are winners and losers from any Budget statement, but for most people there is one important question: how will it affect my finances?

Eye-catching changes to beer and fuel duty often attract the headlines, but the true impact of many of Philip Hammond’s announcements can be trickier and more time-consuming to establish.

What seems like a giveaway to one group could turn out to have a negative impact on millions of other people once all the numbers have been crunched.

The online calculator below, created by accountants Blick Rothenberg, offers a quick reckoner as to how the latest raft of changes will affect you.

Input a few details and it will offer an indication as to how much better or worse you will be following the Chancellor's announcements.

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