Here are some of today's changes at a glance...

• All personal tax allowances have risen, with the under 65s allowance rising by £210 a year from £5,225 to £5,435.
• The older age brackets will see the bigger rises; the allowance for the 65-74 age bracket has increased from £7,550 to £9,030, and from £7,690 to £9,180 for the 75 years plus category.
• Winter fuel allowance will go up from £200 to £250 for the over 60s and from £300 to £400 for the over-80s.
• Married Couple’s allowance has increased by between £250 and £260; from £6,285 to £6,535 for the under 75s (born before 6 April 1935) and from £6,365 to £6,625 for those over 75-years-old.
• As announced in the pre–budget report, capital gains tax will be set at 18%. From April this year the CGT annual exempt amount will be increased to £9,600 in line with statutory indexation.
• By 2010 those on incapacity benefit will be expected to attend work capacity programmes
• All elements of the Working Tax Credit, except for childcare, will rise in line with indexation.
• Child benefit will rise to £20 a week for the first child from April 2009, a year earlier than planned. From the same date the child element of the child tax credit for families on low and middle incomes will increase by £50 a year above inflation.

• Inheritance tax thresholds remain the same as Darling’s pre–budget announcements. If an individual’s inheritance before tax (£300,000) is not fully used then the amount can be transferred to their spouse.

Have your say on the Budget in the Moneywise forums

That's not all! For the rest of our Budget 2008 coverage, click here

• Budget 2008