An £800 income tax cut for people in Hornsey and Wood Green is the real budget boost, Liberal Democrat MP Lynne Featherstone said today.
The budget revealed plans to increase the personal allowance from April 2015 and put an extra £100 back in taxpayers’ pockets.
Lib Dems have already delivered on a £700 tax cut for low to middle earners, but today’s news goes even further for hardworking people.
The number of people who could benefit from a cut to the personal allowance in Hornsey and Wood Green is expected to be around 45,090
Liberal Democrat MP for Hornsey and Wood Green, Lynne Featherstone said:
“This tax cut is the real budget boost for working people and would not have happened without Lib Dems in Government creating a stronger economy and a fairer society. This was on the front page of our manifesto!
“The Tories are desperate to claim credit, but in reality their focus is on changes such as an inheritance tax cut for millionaires which we blocked, while Labour simply cannot be trusted with the economy.
“We are also helping people with a freeze on fuel duty and new tax-free childcare to help parents.”