Posted by: Jason's Staff | March 19, 2014

A Budget for Makers, Doers and Savers

Jason was in the House of Commons Chamber to hear Chancellor George Osborne’s budget statement. It is a budget that supports workers, savers and manufacturers in the Colne Valley, Holme Valley and Lindley.

 

The personal income tax allowance will rise to £10,500 in 2015/16. This will mean that 3.2 million workers are lifted out of income tax altogether.

Cash and stocks ISAs will be merged, meaning an annual tax free savings allowance of £15,000 that also allows for flexibility.

Fuel duty has been frozen, meaning the planned rise in September will no longer happen. The cost of a litre of petrol is 20p lower than it would have been under plans from the previous Labour Government.

£10m from Libor fines will now help to support Scouts, Guides, Cadets and the St. John’s Ambulance.

The Yorkshire Air Ambulance will benefit hugely as they will no longer have to pay VAT on fuel meaning a saving of £7000

Beer duty has once again been cut by a penny which will help support our local pubs and ten micro breweries in the constituency.

Bingo tax has been halved from 20% to 10% which will help protect jobs and communities.

Advertisements

Responses

  1. Great budget delivered by an excellent Chancellor. I loved your comment Jason and I am proud to be a Conservative voter and proud of my MP.

    Keep up the good work.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Categories

%d bloggers like this: