Budget 2002: At-a-glance

The main points of Chancellor Gordon Brown's 2002 Budget

Tax

1p in the pound increase in National Insurance contributions on earnings above £4,615

Freeze on road tax

Freeze on petrol duty

6p on a packet of 20 cigarettes

Freeze on beer, spirits and wine duty

Duty halved for small brewers - equivalent of 14p off a pint in time for this summer's World Cup

Increase in tax on alcopops to the same rate as spirits

Bingo exempted from tax

Health spending

43% rise in NHS spending over next five years - equivalent of £40bn

Health spending to increase by 7.4% a year

Extra £1bn in 2002/3 for NHS through cash savings elsewhere

Commitment to continue funding NHS out of general taxation

Social insurance and other alternative methods of funding ruled out

NHS reform

Annual report to parliament by independent NHS auditor, for the first time

Local reports showing how health money has been spent

More choice for patients

New financial incentives for hospitals to improve performance

Education

Direct payments to secondary schools to go up to £114,000 this year

Direct payments to primary schools to go up to £39,300 this year

Crime

£280m extra for fight against crime

Families

£2.5bn extra for working families

New Child Tax Credit will be available right up the income scale

It will come into effect in 2003

Families with annual incomes of £58,000 or below will receive help

For the first year of a child's life families earning up to £66,000 will also receive help

Child credit will increase in line with earnings for rest of parliament

Parents will receive £54.25 a week for the first child and £92.75 for two child family

Families with two children earning up to £35,000 to get up to £50 a week to help with childcare costs

Single working people and the disabled

Working Families Tax Credit extended to single people

This means tax credits for couples without children

Working single parents to be guaranteed £179 a week and extra help with childcare

Minimum income for working families of £237 a week

Working disabled single people guaranteed £194 a week

Pensions

Basic state pension increased by £3 a week for single OAPs and £4.80 for couples

Five million pensioners to gain from Pension Credit of about £400 a year

Elderly taxpayers will be able to set the first £6,010 of income against tax, and £6,740 if 75 or over

Other measures

Tax breaks for amateur sports clubs

Review of tax rules for foreign domiciled individuals living in the UK

Tax avoidance loopholes on stamp duty closed

Tax royalty on North Sea Oil to be abolished

Better capital allowances for oil industry accompanied by a 10% increase in tax on profits to 40%

The unemployed

New measures to help long-term unemployed

Extending "step up" scheme for unemployed

The environment

Road tax cut for least polluting cars and motorbikes

Cut of £55 in licence fee for least polluting vans

Green power stations exempted from climate change levy

Business

Small companies tax rate cut from 20p to 19p with immediate effect

Corporation tax starting rate cut for small firms with profits of less than £10,000 from 10p to zero

From April Capital Gains Tax to be cut from 20% to 10% for business assets held for one year or more and to 10% for assets held for more than two years

Extra £30m for small firms' training needs

New cash to help small firms get online

Automatic relief for VAT on bad debts, for small firms

Automatic fines for late VAT payment abolished for 700,000 small firms

Plan to extend flat rate VAT to more small firms from next April

New R&D tax credit for large firms set at 25% - £400m a year

The economy

Extra £4bn for public spending next year

Debt interest will fall to £21bn this year, 2% of national income

GDP growth in 2004 predicted to be between 2.5% to 3%

GDP growth in 2003 predicted to be between 3% and 3.5%

GDP growth predicted to be between 2 and 2.5% this year

UK economy grew by 2.2% in 2001, slightly below the chancellor's forecast