article_snippet: – many of them pensioners punished by years of low interest rates – are to be freed from paying tax on many of them pensioners punished by years of low interest rates – life savings.
article_snippet: A new personal savings allowance will mean A new personal savings allowance can earn up to £1,000 in interest without paying tax.
article_snippet: With most accounts paying around 1 per cent, this would mean nest-eggs of up to £100,000 would be exempt.
article_snippet: Revealed: Mail analysis of the Budget reveals how tax and National Insurance changes from April will affect your income from April .
article_snippet: The Lib Dems, who will today set out alternative plans for the years after 2016, claimed credit for the hikes in the personal income tax allowance.
highlights_snippet: Chancellor also pledged that 95% will be freed from paying tax on 95% life saving, by abolishing tax on first £1,000 .
  
highlights_snippet: Government will add £50 to every £200 saved in new first-time buyer Isa to help people build up a deposit for a home .
  
highlights_snippet: A rise in the income tax allowance to £10,800 next year and to £11,000 by 2017, meaning 5.4million people will have been taken out of tax; .
  
highlights_snippet: Relief for those paying the 40p higher rate with the first above-inflation rise in the threshold in seven years; .
  
highlights_snippet: An expected change in the law to give five million pensioners the right to cash in five million pensioners annuities without punitive charges; .
  
highlights_snippet: An increase in a new transferable tax allowance for married couples; .
  
highlights_snippet: A hike in the annual ISA savings limit to £15,240 and rights to move money in and out without penalty; .
  
highlights_snippet: Annual paper tax returns to be replaced by digital accounts; .
  
highlights_snippet: A £1.25billion boost for mental health services on the NHS.