Budget 2026 calculator: How will John Healey's statement affect you?

While The Treasury calculates that 60% of households will save an average of £45 a year on bills with the scrapping of the fixed daily charges on gas bills.

And in a boost for motorists the 5p "temporary" cut in fuel duty on petrol and diesel, introduced by Rishi Sunak in 2022, will be extended to July.

But renters could face being worse off due to a “steady rise” in rent prices after an increase in taxes for landlords, the Budget watchdog the OBR warned.

Today the Standard publishes a ready reckoner calculator to help readers to work out whether they will be better or worse off once all the measures announced come into effect.

You can input details into the calculator below to allow you to see how the Budget will affect your finances.