The Chancellor announced in the budget this afternoon that from April 2014, the amount people can earn before paying income tax - the personal allowance - will rise to £10,000.
Constituents of Shrewsbury and Atcham 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.
The tax cut will benefit an estimated 35,904 people in Shrewsbury and Atcham. In April 2014, 389 people will be lifted out of income tax, taking the total number of people in Shrewsbury lifted out of tax by the Government to an estimated 4156.
Shrewsbury’s MP Daniel Kawczynski commented:
“This Budget has delivered real support for my constituents who want to work hard and do the right thing. I am very pleased that as a result of the Chancellor’s announcement this afternoon, around 35,904 people in Shrewsbury will be over £700 better off every year. With this landmark tax cut, the Government have cut tax bills for 24 million people”.