Labour MP Margaret Hodge - who has long been critical of the tax tech giants' pay in the UK - says the digital tax announced today does not go far enough.

Labour leader Jeremy Corbyn is now responding to the Chancellor's Budget.

He refutes the Chancellor's assertion that austerity is coming to an end.

A few things we didn't quite get to before Philip Hammond sat down.

From April the National Living Wage will rise again, by 4.9%, from £7.83 to £8.21.

He says that will hand "a full-time worker a further £690 annual pay increase and take his or her total pay-rise, since its introduction, to over £2,750 a year".

The Chancellor has concluded his speech with almost no rabbits being plucked out of hats:

Thanks to the improved government finances, Philip Hammond says he will raise the personal allowance tax threshold a year early.

From April next year, the personal allowance will be £12,500 and the Higher Rate Threshold will be £50,000.

The personal allowance stands at £11,850, with the Higher Rate Threshold £46,350.

As business editor Simon Jack tweets, that means:

Mark Stokes of Deloitte adds:

Despite calls from some to abandon his pledge to increase the personal allowance to £12,500 and the additional rate threshold, which is the amount of income you earn before you pay the additional rate of tax of 40%, to £50,000, the Chancellor has instead brought this change forward to April 2019.

Image source, PA

Fuel duties are frozen for the ninth successive year while duty on beer, cider and spirits will be held for the next year.

The Chancellor says that is "part of a series of measures to help families across Britain with the cost of living".

However, there is the usual RPI increases on wine and as announced at last year's Autumn Budget, so-called "white ciders" will be taxed at a new higher rate.

Image source, PA

Philip Hammond says he will extend the cancellation of stamp duty for first time buyers on properties up to £300,000 to first-time buyers of shared ownership properties valued at up to £500,000.

This measure will be retrospective, so any first-time buyer who has made a purchase since the last Budget will benefit.

The Chancellor also announces a further £500m for the Housing Infrastructure Fund, to help get a further 650,000 homes built.

He also says he will make it easier for neighbourhoods to allocate or permission land for housing.

ITV political editor Robert Peston tweets:

Image source, PA

The chancellor announces a new tax on the manufacture and import of plastic packaging that contains less than 30% recycled plastic.

Philip Hammond says the government will consult on the detail and implementation timetable.

However, he says it has no plans to introduce a levy on disposable plastic cups: "I have concluded that a tax in isolation would not, at this point, deliver a decisive shift from disposable to reusable cups across all beverage types."

Niki Dixon of Deloitte comments:

No change to level of entrepreneurs’ relief available, but ownership period doubled to two years to better target relief that is worth up to £1m to business owners.

Assistant political editor Norman Smith tweets:

It was a topic too tempting for the chancellor not to throw a few jokes at.

Philip Hammond announces a new mandatory business rates relief for public toilets so that local authorities can, at last, "relieve themselves".

"For the convenience of the House, Mr Deputy Speaker, … and without wishing to get unduly bogged down in this subject ... this relief will extend to any such facilities made available for public use, whether publicly or privately owned," he says.

"This is virtually the only announcement in this Budget that hasn’t leaked," he jokes.

Boom Boom indeed.

The Chancellor promises to help small shops by cutting business rates by a third for all retailers in England with a rateable value of £51,000 or less.

That will mean an annual saving of "up to £8,000 for up to 90% of all independent shops, pubs, restaurants and cafes".

Mr Hammond announces £675m of co-funding to create a "Future High Streets Fund" to support councils to draw up plans for the transformation of their High Streets.

Mr Hammond says this will allow them to invest in the improvements they need and to facilitate redevelopment of under-used retail and commercial areas into residential.

Philip Hammond plans to introduce a UK Digital Services Tax.

He stresses it is not an online sales tax on goods bought online and will only be paid by profitable firms that have at least £500m a year in global revenues.

There will be a consultation first before the tax comes into effect in April 2020. It is expected to raise more than £400m a year, Mr Hammond says.

Philip Hammond says the government plans to make e-passport gates at Heathrow and other airports available to visitors from the US, Canada, New Zealand, Australia and Japan as well as EEA citizens.

Times deputy political editor Sam Coates adds:

Philip Hammond says the government plans to abolish the use of the private finance initiative (PFI) for future projects.

He says there is compelling evidence that it does not deliver value for taxpayers or genuinely transfer risk to the private sector.

However, the Chancellor says the government will honour existing contracts.

Political editor Laura Kuenssberg comments:

But Rupert Harrison of investment firm BlackRock points out:

Assistant political editor Norman Smith tweets:

The chancellor also promises a £10m donation to the Armed Forces Covenant Fund Trust to support veterans with mental health needs to mark the centenary of the Armistice.

Philip Hammond pledges £400m to schools as an "in-year bonus".

The money averages £10,000 per primary school and £50,000 per secondary school.

It will help the schools "buy the little extras they need", he says.

He also confirms that £420m will be made available "to tackle potholes, bridge repairs, and other minor works in this financial year".

"Every Member of Parliament will testify that potholes are high on the public’s list of concerns."

IFS director Paul Johnson tweets:

Philip Hammond says as a former defence secretary he understands the pressures the armed forces face.

He pledges another £1bn for the MoD this year and next "to boost our cyber capabilities and our anti-submarine warfare capacity".

The money will also be used to maintain the pace of the Dreadnought programme to ensure Continuous At Sea Deterrence "a deterrent that allows us to sleep easy in our beds", he says.

Political editor Laura Kuenssberg says it's a "big win" for defence secretary Gavin Williamson.