The UK 2011 Budget has been announced. Big news is that fuel has been cut by 1p per litre, a drop in the ocean compared to the hikes over the last year but any reduction, no matter how small, is better than a hike.

An extra 4p has been added to beer, 15p to a bottle of wine and 54p to a bottle of spirits.

So are you richer or poorer as a result of Budget 2011?

If you want to find out, enter your salary and expenses into the Budget Calculator. Voila – riches or otherwise revealed.

Whatever the outcome, don’t forget to apply for your tax refund as the average UK tax refund is £963.

%TNT Magazine% budget calculator how has uk budget 2011 affected you1