I’ve just received the following communication regarding how much the Income Tax threshold will effect each area throughout the United Kingdom. Being based here in Southend-on-Sea I shall talk about this area in this e-mail. If you want other areas then please either leave me a comment or get in touch. No doubt the excel file will be floating around the sphere of the internet sooner rather than later.
So between 2010 and 2012 the Income Tax threshold has given 3,970 an Income Tax cut in the Southend region. In the tax year 2012-2013 that will increase to 5,870 but the move in the budget today to up the limit to £9,205 for April 2013 means that for the tax year 2013-2014 60,500 people in Southend-on-Sea will be affected and given an Income Tax cut. That is a staggering leap.
The amount of people who earn between £8,105 and £9,205 is clearly a large amount. These are people who work nearly full-time at the minimum wage. This change will put money back in the pockets of these people and that is something the Liberal Democrats have been committed to for a long time. This should be regarded as a very good thing for everyone and for 60,500 people in Southend their Income Tax Bill from 2014 will be roughly halved according to the Chancellor and that will put around £220 back into the pockets of these people and by 2014 it is hoped the threshold will rise to £10,000, which will effect even more people and put more people in a good situation with regards to Income Tax.
This is good news for people all over the country. Everyone earning 100,000 a year or less will get more money in their pocket as a result of this but it’ll be those on low incomes that will benefit most and that is a very good thing.
More money in the back pocket is never a bad thing and this move means that everyone will get that.
For the record as a whole – Essex will see 502,500 people given a cut in their Income Tax. Not too shabby if you ask me…
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Wow, people like you are just awful, venal individuals. Have you always supported policies such as those in the budget? Really?
To defend measures this government are talking should make you ashamed, and any children you have deeply ashamed. My father fought the Nazis, I’m extremely proud of that fact. You just go against whatever principles you had two years ago and now screw students, poor people, and old people while dismantling the health service and making life easier for the richest. What a life to lead.
I’m working part-time as a secondary teacher and helping to raise my young daughter. I will lose my tax credits and be in a difficult situation, but children and teachers? So what, eh?
My blog was solely about the raise in the Income Tax threshold – which means money in your pocket, my pocket and everyone who is working’s pocket. If you don’t like that then fair do’s but that was all I commented on in this blog. If that makes me venal then wow, just wow…
I have never defended everything the coalition government has done. Nor have I ever defended every single thing the Lib Dems have done in government. So I think your personal attack based on me saying ‘look – we have helped raise the level at which you start paying tax – which is surely a good thing’ is a tad off personally but heck I’m here to be shot at…
[…] Neil Monnery rambles about the half million people in Essex who will be getting a tax cut: The amount of people who earn between £8,105 and £9,205 is clearly a large amount. These are people who work nearly full-time at the minimum wage. This change will put money back in the pockets of these people and that is something the Liberal Democrats have been committed to for a long time. This should be regarded as a very good thing for everyone and for 60,500 people in Southend their Income Tax Bill from 2014 will be roughly halved according to the Chancellor and that will put around £220 back into the pockets of these people and by 2014 it is hoped the threshold will rise to £10,000, which will effect even more people and put more people in a good situation with regards to Income Tax. […]