How does the Autumn Statement affect YOU? Use MailOnline's calculator to find out the impact of changes to National Insurance, benefits, pensions and MORE

Millions of Brits have been affected by today's Autumn Statement – and now you can use our online calculator to find out how your finances will change as a result.

It comes as Jeremy Hunt delivered a package of measures to boost growth and cut taxes in a highly political Autumn Statement that included measures to cut National Insurance for millions of Brits.

National Insurance will be cut in a move that will benefit 28 million people, while a huge £10billion-a-year tax break for firms will be made permanent.

There is good news for pensioners, with the triple-lock honoured in full - meaning an 8.5 per cent hike from April, equivalent to around £18 a week for most.

The Chancellor's speech , delivered with an eye on an expected general election next year, told of his plan will 'raise business investment, get more people into work, reduce inflation ' and increase the size of the economy.

You can use MailOnline's Autumn Statement widget - built by household finance management system Nous - to work out how the Autumn Statement will affect you.

You can enter your salary below and then scroll through the various options such as childcare, benefits and fuel costs to add in more details about your situation.

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Chancellor Jeremy Hunt departs 11 Downing Street to deliver his Autumn Statement

Greg Marsh, CEO and co-founder of household money-saving tool Nous.co, said: 'The Chancellor is giving with one hand and taking with the other. For working families, the impact of the National Insurance cut is easily eaten up by the government's six-year stealth tax grab.

READ MORE: Jeremy Hunt unveils 110-point plan to boost UK growth and revive Tory fortunes - with 'biggest-ever' tax break for firms, a national insurance cut for 28m and pensions boost for struggling OAPs - in make-or-break Autumn Statement Jeremy Hunt kicked off his Autumn Statement today by wishing his wife happy birthday

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'And with no new support on energy this year, bills are going to be the same or higher for most of us this Christmas as they were in 2022. Record numbers are heading into winter still owing money on bills from last year.

'The picture is one of stasis. Low growth and pedalling hard to stay still. People are in more debt, their living standards have fallen, and the tax burden – already at a 70-year record high – is still rising.'

Pension savers will have the right to have 'one pension pot for life', Jeremy Hunt said.

The Chancellor told MPs: 'I will also consult on giving savers a legal right to require a new employer to pay pension contributions into their existing pension pot if they choose, meaning people can move to having one pension pot for life.

'These reforms could help unlock an extra £75billion of financing for high-growth companies by 2030 and provide an extra £1,000 a year in retirement for an average earner saving from 18.'

Mr Hunt said he would also take forward 'further capital market reforms, to boost the attractiveness of our markets, and the UK one of the most attractive places to start, grow and list a company'.

The Chancellor said he planned to introduce 110 measures to increase the UK's productivity.

Jeremy Hunt told the Commons that the OBR 'expects the economy to grow by 0.6 per cent this year and 0.7 per cent next year. After that, growth rises to 1.4 per cent in 2025, then 1.9 per cent in 2026, 2 per cent in 2027 and 1.7 per cent in 2028'.

But he added: 'If we want those numbers to be higher, we need higher productivity.'

He pointed to countries like France and the US where the private sector 'invests more', adding: 'The 110 measures I take today help close that gap by boosting business investment by £20billion a year.

'They do not involve borrowing more and ramping up debt as some advocate. Instead, they unlock investment with supply-side reforms that back British business in the following areas.'

Benefits will be raised in line with inflation, Jeremy Hunt has confirmed, as he pledged the Government will 'continue to support families in difficulty'.

The Chancellor allayed charities' fears that uprating would be done by the lower October inflation figure, as he acknowledged continued cost-of-living pressures which he said 'remain at their most acute for the poorest families'.

Mr Hunt said the rise would amount to an average increase of £470 for 5.5 million households when it takes effect in April 2024.

Campaigners had voiced concern amid reports in recent weeks that benefits would not be raised in the usual way, instead using last month's figure of 4.6 per cent, rather than September's higher inflation figure of 6.7 per cent.

The economy is predicted to grow by 0.6 per cent this year and 0.7 per cent in 2024 - faster than the Bank of England anticipates but lower than the OBR suggested in March

Jeremy Hunt delivers his autumn statement in the House of Commons today

Prime Minister Rishi Sunak leaves 10 Downing Street in London on the morning of the Autumn Statement

Mr Hunt told Parliament while delivering his Autumn Statement today: 'We will continue to support families in difficulty.'

He added: 'I know there's been some speculation that we would increase benefits next year by the lower October figure for inflation, but cost-of-living pressures remain at their most acute for the poorest families.

'So instead, the Government has decided to increase Universal Credit and other benefits from next April by 6.7%, in line with September's inflation figure.

'An average increase of £470 for five-and-a-half million households next year - vital support to those on the very lowest incomes from a compassionate Conservative government.'

Noting that rent often makes up more than half of living costs for private tenants on the lowest incomes, he also pledged to answer calls from campaigners who said unfreezing housing allowance was 'an urgent priority'.

He said: 'I will therefore increase the local housing allowance rate to the 30th percentile of local market rents.

'This will give 1.6 million households an average of £800 of support next year.'

Mr Hunt also confirmed the triple-lock formula for state pension rises would be implemented as usual, meaning the state pension will rise by 8.5 per cent in line with average earnings, worth up to £900 more a year.

But up to two million disability claimants will face tougher rules on finding work where possible.

For almost three million workers, the Government has already announced an increase in the national living wage, which will rise from £10.42 to £11.44 from April, with the policy also extended to cover workers aged 21 and over, rather than 23 and over.

It will mean an £1,800 annual pay rise next year for a full-time worker on the living wage, while 18 to 20-year-olds will receive a £1.11 hourly rise to £8.60.

Mr Hunt said said: 'After a global pandemic and energy crisis, we have taken difficult decisions to put our economy back on track.

What is in Jeremy Hunt's Autumn Statement? National insurance cut: £5bn a year

The headline rate for employees is being reduced from 12% to 10%, putting more hundreds of pounds in the pockets of 27million Brits.

For the self-employed, Class 2 contributions are being abolished and Class 4 contributions reduced from 9 per cent to 8 per cent.

Making 'full expensing' permanent: £10bn a year

Businesses have been benefiting from rules that mean they can claim back tax on investment in plant and machinery.

That is due to end in 2026, but Jeremy Hunt is set to make it permanent.

State pension to rise 8.5%: £2bn

The Chancellor is sticking to the triple lock that ensures pensions rise by the highest out of inflation, average earnings or 2.5%.

There had been speculation a lower level could be used due to NHS pay deals warping the numbers.

Benefits to rise 6.7%: £3bn

Mr Hunt had considered increasing benefits by the lower October inflation figure of 4.6 per cent, rather than the September number usually used.

However, he has opted to stick with convention and push for more people to re-enter the workplace.

Living wage to rise to £11.44: n/a

The national living wage will rise by 9.8% to £11.44 in April.

The rate is currently £10.42 for workers aged over 23, but the new figure will apply to 21 and 22-year-olds for the first time.

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'We have supported families with rising bills, cut borrowing and halved inflation.

'Rather than a recession, the economy has grown. Rather than falling as predicted, real incomes have risen.

'Our plan for the British economy is working. But the work is not done.'

The Chancellor said that ministers are charting a new course on the economy and rejecting 'big government' in the wake of the Covid pandemic and a global spike in energy prices, which have driven both Government borrowing and the tax burden to record levels.

'Conservatives know that a dynamic economy depends less on the decisions and diktats of ministers than on the energy and enterprise of the British people,' he said.

'In today's Autumn Statement for Growth, the Conservatives will reject big government, high spending and high tax because we know that leads to less growth, not more.'

Chancellor Jeremy Hunt also announced changes designed to help self-employed workers, hailing them as the people who 'kept our country running during the pandemic'.

Mr Hunt said: 'Class 2 national insurance is a flat rate compulsory charge, currently £3.45 a week, paid by self-employed people earning more than £12,570 which gives state pension entitlement.

'Today, after careful consideration and in recognition of the contribution made by self-employed people to our country, I can announce we are abolishing class 2 national insurance altogether, saving the average self-employed person £192 a year.

'Access to entitlements and credits will be maintained in full and those who choose to pay voluntarily will still be able to do so.'

Mr Hunt also turned to class 4 national insurance paid at 9% on all earnings between £12,570 and £50,270.

Mr Hunt said: 'I have decided to cut that tax by one percentage point to 8% from April. Taken together with the abolition of the compulsory class 2 charge, these reforms will save around two million self-employed people an average of £350 a year from April.'

The biggest ticket item will be a permanent extension of the so-called 'full expensing' scheme, which allows firms to offset the cost of capital investment against corporation tax.

The Chancellor confirmed he would make full expensing permanent, describing it as the 'largest business tax cut in modern British history'.

Jeremy Hunt told the Commons: 'It means we have not just the lowest headline corporation tax rate in the G7 but its most generous capital allowances.'

He said the reform had been estimated to cost £11 billion a year, and stressed he had only brought it forward now it was 'affordable'.

The Chancellor confirmed that the state pension will rise by 8.5 per cent in April

The government has been given breathing room by the sharp fall in inflation in October

Public sector borrowing remains at historically high levels after the pandemic

The Bank of England has pushed up rates to combat prices and has warned they are likely to stay high for some time to come

The Autumn Statement comes hot on the heels of a hike in the National Living Wage by more than one pound an hour

Mr Hunt claimed the tax change was 'a huge boost to British competitiveness', having told MPs: 'The OBR say it will increase annual investment by around £3 billion a year and a total of £14 billion over the forecast period. We on this side of the House know that the way to back British business is not to borrow more or subsidise more but increase the incentives to invest.'

The Chancellor went on to claim that measures throughout the autumn statement taken together would help to 'increase business investment in the UK economy by around £20bn a year within a decade'.

The Chancellor told colleagues that the package 'backs business and rewards workers to get Britain growing'.

'He particularly pointed to tackling the problem of 100,000 people being signed onto benefits with no requirements to look for work because of sickness or disability, saying that it is a waste of potential that is both economically and morally wrong and that the Back to Work plan would support over a million people to find work,' a No10 readout said.

Most of the package is focused on growth, including measures to encourage pension funds to invest in the UK and plans to offer families living near the pylons needed to upgrade the national grid up to £1,000 a year off energy bills.

Mr Hunt predicted the measures will 'increase business investment in the UK economy by around £20billion a year over the next decade'.