Chancellor George Osborne detailed some of his party's welfare plans at the Conservative conference in Birmingham.
Here we look at some of the detail behind the biggest three announcements.
- Freeze working age benefits for two years from April 2016
The Treasury hopes to save £3.2 billion a year by 2017/18 with the freeze. The benefits subject to the freeze include: jobseeker’s allowance, tax credits, universal credit, child benefit, income support and local housing allowance rates in housing benefit.
Disability, carer and pensioner benefits are excluded, as are several smaller benefits such as statutory maternity, paternity and sick pay.
- Abolish the 55% tax rate on inherited pensions
Currently around 320,000 people retire each year with defined contribution pension savings, from April 2015 they will no longer be liable to pay the tax. The policy is expected to cost £150 million a year.
- Clampdown on tax avoidance by multinational companies
Already becoming known as the 'Google tax' this will form part of a tax avoidance package announced in the autumn statement.
It is primarily aimed at "multinationals using artificial arrangements to route profits to tax havens that would otherwise have been taxed in the UK."