Budget calculator: How will Budget 2013 affect you?Continue reading the main story
How much better or worse off will you be in the coming tax year following the Budget?
Use our Budget calculator, developed by accounting firm KPMG LLP, to find out how the measures being brought in next month will affect you.
|2012/13 £||2013/14 £||Difference £|
|Alcohol and cigarettes|
|Vehicle excise duty||£0||£0||-£0|
Count any children for whom child benefit is paid, which includes children under 16 as well as older children who are still at school or receiving certain types of training.
Your rental income is the amount you have made from letting out residential property minus eligible expenses you have incurred.
If you select Single or Divorced, your partner's details will not be included in the final calculation.
From 7 January 2013, new rules apply if you earn £50,000 or more and receive Child Benefit. You will continue to receive the benefit but will have to pay an additional tax. The calculator shows this as a reduction in Child Benefit received to let you see the change more clearly.
Please enter positive numbers without punctuation.
• The tax system is complex, and the model used above gives only an indication of the Budget's impact
• Your personal information is safe - all calculations are carried out on your computer
• The calculator includes measures announced in previous budgets that come into effect in April this year
• Gradual increases in the state pension age mean the calculator may not estimate the true entitlement to pensions for women born between 6 April 1951 and 5 April 1952.