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£700 TAX CUT FOR 2830 FYLDE RESIDENTS – COALITION BUDGET

by admin on 22 March, 2013

interview-danny-alexander-70225553001Danny Alexander MP. Chief secretary to the Treasury

Yesterday’s Budget announced that the Income Tax Personal Allowance will be raised to £10,000 in April 2014 one year sooner than expected. This means that 31,200 ordinary working people in Fylde will get a further Income Tax cut, bringing the total tax cut to £700 a year since Liberal Democrats joined the Coalition Government.

In Fylde, this welcome news also means that 2830 low – earners will be lifted out of paying any Income Tax, thanks again to Liberal Democrats in the Coalition Government.

Liberal Democrats are working for a stronger economy and a fairer society, so that everyone can get on in life because we are cutting taxes for ordinary working people.

We want fairer taxes, which is why we made raising the tax – free allowance, our number one priority at the General Election – so important that we put it on the front page of our manifesto.

When times are tough, with rising bills and wages not keeping pace with  inflation, we want to give people real, practical help.

Cutting Income Tax will not solve all those problems, but it will help. And I hope it will make a big difference to every family in this country.

 

 

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