£700 tax cut for 130,000 in Cardiff – Jenny Willott MP

April 2, 2013 5:14 PM

The Budget announced that the Income Tax Personal Allowance will be raised to £10,000 in April 2014 - one year sooner than had been expected. This means 130,000 ordinary working people in Cardiff will get a further Income Tax cut, bringing the total tax cut to £700 a year since Liberal Democrats joined the Coalition Government.

In Cardiff, this welcome news also means that 12,390 low-earners will have been lifted out of paying Income Tax altogether thanks to Liberal Democrats in the Coalition Government.

Commenting, Jenny Willott MP said:

"Liberal Democrats are working for a stronger economy and a fairer society, so that everyone can get on in life.

"Fundamental to this is 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. This measure will do exactly that, meaning that the Income Tax bill for the average family has been cut by a third under this Government.

"Cutting Income Tax will not deal with all of the problems people are facing, but it will help. I hope it will make a big difference to every family in this country."

Commenting further, Liberal Democrat Chief Secretary to the Treasury, Danny Alexander said:

"When times are as tough as they are now, our focus must be on helping those on low and middle incomes. That's why we've made delivering on this promise our number one priority in Government.

"It's also why we have scrapped another of Labour's fuel duty rises, so filling up your car will be £7 cheaper than under Labour plans. And why we are cracking down on tax dodgers so that everyone is paying their fair share.

"All of this has been done while sticking to our tough but necessary plan to deal with this country's financial problems. Britain can't afford unfunded giveaways - unlike the last Labour Government, we have made sure everything is paid for."

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