Chancellor Rachel Reeves is unveiling the long-anticipated budget.

It comes after a report from the Office for Budget Responsibility (OBR), which analyses policies decided on by the chancellor, was published early in error.

Here are the key points we know so far:

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Tax thresholds will be frozen for an additional three years

The point at which people start paying higher rates of tax will be held. It can mean earners will be dragged into higher tax bands when they get a pay rise.

This will raise £8bn.

Taxes hiked on gambling

The gambling industry is going to be taxed more, to raise more than £1bn.

Remote gaming duty will rise to 40% from 21% while online betting tax will rise from 15% to 25%.

The bingo tax is being abolished from April.

New mileage-tax on electric cars

Electric car drivers will be subject to a 3p charge for every mile they drive.

This is expected to raise £1.4bn, according to the OBR report.

Change to capital gains tax for employee ownership trusts

Capital gains tax relief on business sales made to employee ownership trusts will be reduced from 100% to 50%.

This is expected to raise £900m.

Two-child benefit cap scrapped

The government will scrap the two-child benefit cap from April 2026.

This currently limits the amount of benefits parents can claim for their third child or subsequent children who were born after 6 April 2017.

By scrapping the cap, the government hopes an estimated 450,000 children will be lifted out of poverty.

According to the OBR’s analysis of the chancellor’s budget this will cost the government £2.3bn.

‘Salary-sacrifice’ pension contributions above £2,000 to face National Insurance

From April 2029, National Insurance will be charged on salary-sacrificed pension contributions above an annual £2,000 threshold.

This will raise £4.7bn and will come into effect in 2029.

Reforms for cash ISAs

Savers will only be able to put up to £12,000 into cash ISAs tax-free each year. This is reduced from £20,000 in the hopes that Britons will instead put their money into stocks and shares ISAs.

Over 65s can retain the full £20,000 allowance.

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Tax-free cash ISA allowance cut to £12,000

Fuel duty to be frozen until next September

The duty, or tax, paid on diesel and petrol has been frozen at 52.95p per litre.

This will cost the government £2.4bn next year and £0.9bn each year after.

Mansion tax introduced on properties worth more than £2m

It means the most expensive properties in the country, worth more than £2m, will have to pay extra. This will be £2,500 for properties worth £2m to £2.5m and up to £7,500 for homes valued at £5m.

This will raise £0.4bn, the OBR has confirmed.

Luxury cars removed from the Motability scheme

This scheme, which provides subsidies for people with disability to lease a vehicle, is part of PIP.

Freeze on student loan repayment rate

The student loan repayment threshold will be maintained for three years.

Training for apprentices under-25 free at small companies

A new Youth Guarantee will give £820m towards tyring to guarantee every young person a place in college, an apprenticeship or personalised job support.

After eighteen months, 18-to-21-year-olds will be offered paid work instead of benefits.

Uber and Bolt journeys to be taxed

Journeys taken on ride-hailing apps such as Uber and Bolt will be subject to tax in a measure being described as a taxi tax.

Stamp duty break for companies new to London Stock Exchange

A stamp duty holiday for companies newly listing on the London Stock Exchange will be in place for three years.

• The OBR has downgraded growth forecast by 0.3 percentage points.

• The economy is expected to grow 1.5% this year, according to independent forecasters. It’s an increase in growth expectations for this year.

• Prices are expected to rise faster than the OBR thought in March due to higher wages and food costs. Inflation will be 3.5% this year and 2.5% next.

• Fiscal headroom has been doubled to £22bn in 2029-30 – it means a £22bn financial cushion against price shocks such as the COVID-19 pandemic and soaring energy costs.

• £300m will be invested in NHS technology and 250 new neighbourhood health centres.

• The government will spend 2.6% of GDP on defence.

• The tax paid on dividends – payments to shareholders – as well as property and savings income will rise 2 percentage points, raising £2.1bn.

• An additional £317m for the Northern Ireland government, £505m for the Welsh government and £820m for the Scottish government has been pledged.

• “Flexible” funding worth £13bn for seven regional mayors has been announced to invest in skills, business support and infrastructure.