// BBC BUSINESS NEWS — FINANZA
Your pay, energy bills and savings: How the Budget affects you
Families facing cost-of-living pressures are being offered some help, or "breathing space" as Chancellor John Healey is calling it.
The help comes as prices are rising faster than expected with annual energy bills in particular likely to increase by hundreds of pounds in January.
Here's how the key announcements in the Budget affect you and your money.
If you are living in a home in council tax bands A to D in England, you will receive a one-off £100 "Household Energy Payment" from January, funded by extra tax on banks.
You can find your council tax band by looking on your annual bill, or by looking on the government's website, external - although that was struggling to cope with traffic after the announcement.
Administrations in Scotland, Wales and Northern Ireland will receive the equivalent funding, and they will decide whether to introduce the same payment.
This is designed to help with soaring energy bills, with some forecasts suggesting a typical annual bill could rise by £400 or so to £2,100 in January the saving will be only a quarter of that. Although it's designated for energy bills, you can spend the money on anything you wish.
The VAT cut on electricity bills, which was introduced in October, will also be extended to July. It was due to end in April.
Healey announces £100 energy payment for millions and bank tax rise in first Budget
The fee for connecting to your gas supply so called standing charges will be scrapped in England, Scotland and Wales, next year "or as soon as possible after", the chancellor said.