Local MP Steve Brine has warmly welcomed the amount people can earn before paying income tax will rise to £10,000 in April 2014, as announced in today's Budget.
People in Steve's Winchester & Chandler's Ford constituency will be over £700 better off every year than when this Government came to office. This tax cut will benefit an estimated 39,703 local people and in April 2014, 334 more people will be lifted out of income tax, taking the total number of people in the Winchester constituency lifted out of tax by this Government to an estimated 3,792.
Steve Brine says; "Labour have said they want to reintroduce the 10p tax band that they abolished. George Osborne has now turned Labour's 10p tax band into a zero pence tax band. Every person paying tax at the 10p rate when the last Government doubled it, will now be paying no income tax at all on that income.
"This Budget has delivered real support for people who aspire to work hard and get on. Around 40,000 of the people I represent will be over £700 better off every year and that is something this Government have done which I am really proud of. With this landmark tax cut, Conservatives have cut tax bills for 24 million people."