MP welcomes Chancellor's budget announcement
MP has welcomed the Chancellor's Budget announcement that the
income tax threshold will rise to £10,000, meaning that
thousands of Somerset residents will not be paying any tax at
all by April 2014.
Chancellor lifted the level at which tax is paid from £9,200
Tessa Munt said: "This means the Liberal Democrats' main
manifesto promise has been delivered in full, moving the tax threshold
by over £3,500."
also welcomed plans announced by Deputy Prime Minister Nick Clegg
that give a £1bn boost to help parents with childcare costs.
changes should benefit 18,628 families across Somerset, saving
a working family with two children up to £2,400 a year.
added: "Everyone knows that the cost of childcare is a big
worry for many families. Almost a quarter of employed mothers
say they would like to work longer hours but cant do so
because of the costs."
was also very pleased that the Chancellor has dumped Labours
fuel duty rise due in September and the plans to increase investment,
especially in house building."