The amount people can earn before paying income tax - the personal allowance - will rise to £10,000 in April 2014.
Hard working people in our region will be over £700 better off every year than when this Government came to office. Almost three million more of the lowest paid will pay no income tax at all.
This tax cut will benefit an estimated 81,483 people in Swindon. In April 2014, nearly 1000 local people will be lifted out of income tax, taking the total number of people in Swindon lifted out of tax by Conservatives to an estimated 9143.
Labour want to reintroduce the 10p tax band that they abolished. Conservatives in Government have now turned Labour's 10p tax band into a zero pence tax band. Every person paying tax at the 10p rate when Labour doubled it, will now be paying no income tax at all on that income.
Justin Tomlinson MP commented:
"This Budget has delivered real support for people who aspire to work hard and get on. Over 81,000 people in Swindon will be over £700 better off every year. With this landmark tax cut, Conservatives have cut tax bills for 24 million people".
