UK growth forecast raised for this year to 3.0%
Stamp duty cut for most home buyers
New tax to stop big companies shifting profits offshore
Borrowing forecast for this year raised to £91.3bn
Mr Osborne spelled out the new stamp duty rates.
No tax on the first £125,000 paid
2% on the portion up to £250,000
5% up to £925,000
10% up to £1.5 million
12% on everything above that.
He said:"As a result stamp duty will be cut for the 98% of homebuyers who pay it."
Robert Peston
Economics editor
"Big rise in stamp duty on expensive, external houses. 12% rate for most expensive houses - tho Chancellor says 98% of buyers see cut #AutumnStatement"
The property tax known as stamp duty will be completely reformed says the chancellor. And from midnight tonight. Each tax rate (and there are new ones) will apply only to the particular slice of the selling price to which they apply, not the whole value of the property (as at the moment).
The tax-free Personal Allowance, which was set to rise to £10,500, will rise instead to £10,600. The Treasury says that's a total wage boost for working people of £825 a year.
The chancellor stops short of announcing new city mayors over, above the one in Greater Manchester we already knew about, but says his "door is open" to other councils who want to do the same.
This is interesting. As part of the government's grand plan to establish a "northern powerhouse", a so-called Sovereign Wealth Fund for the North of England will be set up, obtaining its funds from shale gas proceeds.
Nick Robinson
Political editor
"Election coming, external - Chancellor misses deficit targets but cutting tax on flights & rules out tax rise on petrol even tho' prices falling"
The chancellor confirms, as many expected, the cut in fuel duty will remain. From May 2015, Air Passenger Duty (APD) for children under 12 will be abolished and in the following year, APD for children under 16 altogether will be scrapped.
Post-graduate students will now be able to apply for student loans. They will be able to borrow up to £10,000 to fund their post-graduate studies.
As we expected, more help for small business. Business rates relief doubled for a further year, and inflation-linked increase in business rates capped at 2%.
There will be a full review of the structure of business rates, and increase in rates discount to help our high street shops, pubs and cafes by 50% to £1,500 next year.
Rory Cellan-Jones
Technology correspondent
"Osborne unveils "Google tax, external" - 25% levy on profits made in UK but diverted elsewhere. Big question is how that will work.."
The people known as non-doms will have to pay more for the privilege. Those who have been here for 12 of the past 14 years will now have to pay £60,000 to preserve their non-dom tax status. "And I am introducing a new £90,000 charge for those resident in this country for 17 of the past 20 years," says Mr Osborne.
Daniel Jenks tweets, external: #AutumnStatement Yes the deficit is falling but the problems are still there.
New announcement: the amount of profit in established banks that can be offset by losses carried forward will be limited to 50%, and relief on bad debts delayed. That means banks should contribute almost £4 billion more in tax over the next five years.
Mr Osborne adds he will also put in place "internationally recognised measures on hybrids and reporting of tax by country".
This is big news. Big multinational businesses will "pay their fair share." To stop legal tax dodging, a new 25% tax on profits generated by multinationals - but from their activity in the UK - will be introduced if they would otherwise move the money out of the country to avoid UK tax.
Robert Peston
Economics editor
"25% "Google" tax on profits for multinationals that shift profits offshore - called diverted profit tax. #AutumnStatement"
Total welfare spending is set to be £1bn a year lower than forecast at the Budget. Universal Credit work allowances will be frozen for a further year, cutting tax credits when overpayments are certain, and unemployment benefits will stop for migrants with no prospect of work.
Emma Simpson
Business correspondent, BBC News
"#autumn statement Osborne says £1.2bn of fines on banks re foreign exchange trading scandal will go to GP practices."
How has the chancellor managed to pull of the trick of forecasting a continuous fall his annual Budget deficit when tax receipts have been disappointing? Well, the interest on the national debt has been falling he says: "the interest we pay on our national debt is £16bn lower."
Mr Osborne says there will be "substantial savings in public spending" if the Conservatives continue in government.