£700 Tax Cut for 48,300 people in Hinckley and Bosworth
The Budget announcement that the Income Tax Personal Allowance will be raised to £10,000 in April 2014 - one year sooner than had been expected has been welcomed locally. This means 48,300 ordinary working people in Hinckley and Bosworth will get a further Income Tax cut, bringing the total Income tax cut to £700 a year since Liberal Democrats joined the Coalition Government.