Budget 2015 summary: Here's what you need to know

Simon Read details what you need to know about this year's budget

Chancellor of the Exchequer George Osborne delivers his Budget statement to the House of Commons, London

With Chancellor George Obsborne's last Budget done and dusted, it can be difficult to get your head around all those numbers - and to know what the key changes will be for you.

Simon Read, The Independent's Personal Finance editor, gives you the lowdown with the five key Budget measures you need to know about for the coming fiscal year and future.

Read details a new personal savings allowance as well as a change to the basic personal allowance. Furthermore, there is a new Isa to help first-time buyers, a scrapping of the annual tax return and good news for pub-goers with a drop in the cost of a pint of beer.

To find out what you need to know about the 2015 Budget, watch the video above.