Chorlton MP John Leech has hailed the 6 April Income Tax cut as a giant leap towards the Liberal Democrat goal of a fairer tax system.
On 6 April 2013, the Personal Allowance will be raised to £9,440 – the largest rise in the Personal Allowance ever. This means that 133,800 ordinary basic rate taxpayers in Manchester will see their Income Tax cut for the third year in a row. That will bring the total Income Tax cut since Labour’s time in government to £600.
Thanks to this rise in the point at which you start to pay Income Tax, the number of the lowest paid people who have been lifted out of paying any Income Tax in Manchester will reach 14,330.
John Leech MP said:
“This Income Tax cut is real help for ordinary people in these difficult times. It is evidence of how in the Coalition Government, the Liberal Democrat priority is to create a fairer society and a stronger economy, enabling everyone to get on in life.
“Labour increased taxes for lower paid workers by abolishing the 10p tax rate and now stand on the side-lines denying their responsibility for the economic mess they created. It show how people still can’t trust them to make the right decisions on the economy.
“At the same time, we know that you can’t trust the Tories to deliver a fairer society. It is thanks to Liberal Democrats that 24m basic rate taxpayers are getting an Income Tax cut on 6 April. At the same time, Liberal Democrats in the Coalition are cracking down on tax avoidance and ensuring the wealthy pay their fair share.”