Budget 2015: 12 likely measures to be announced by George Osborne today – from 'Google tax' to cheaper beer

The Coalition hasn't given much away ahead of its final Budget. Here are some things which will probably make an appearance

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Indy Politics

1. Savings

Virtual abolition of the tax on savings income, with only the rich paying it in future.

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2. Public spending cuts

Eased in the final year of the 2015-20 parliament.

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3. Personal tax allowance

Amount of tax-free income, due to rise to £10,600 next month, likely to be £11,000.

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4. Pensioners

The 5m people who have already bought annuities will be able to sell them and spend the money; possible cut in tax relief for high earners on their pension pots by reducing the £1.25m lifetime allowance.

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5. Tax avoidance and evasion

“Google tax” on multinationals which move profits to low-tax countries to avoid tax; new offence of economic crime – helping people evade tax, aimed at bankers and accountants.

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6. North Sea Oil

Tax help for firms to head off job losses due to falling global price of oil.

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7. Beer

A possible cut in beer duty.

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8. Petrol

Possible freeze in fuel duty despite falling prices.

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9. Northern Powerhouse

An Oyster-style transport card for the North like the one in London; electrification of the Selby to Hull line; investment in the chemical sector in the North East.

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10. Broadband

To introduce ultra-fast broadband around the UK.

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11. Housing

45,000 new homes to be built on brownfield sites.

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12. Industry

Support for technology clusters around the UK; two new “enterprise zones” in Plymouth and Blackpool.

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