Budget 2011: what does it mean for you?

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Purse and money

Chancellor George Osborne has delivered his second Budget since the election of the coalition government in 2010.

Addressing MPs, Mr Osborne said he did not need to ask the public for more taxes or more spending cuts.

"This is not a tax-raising Budget, nor can we afford a give-away," he told MPs as he opened his comments.

However, plenty of interesting changes and proposals were announced.

So no big tax changes as a result of this Budget?

Despite the chancellor's opening statement, I see corporation tax is being cut?

What about personal taxes for the average tax payer?

Some people - the non-doms - are going to pay more?

What about home owners, or those who would like to buy?

It looks as if big changes are afoot for pensions?

Inheritance tax is being tweaked?

There is some modest cheer for some public sector workers?

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