Budget 2012: For the many, not the few
“the biggest ever single uplift in the tax threshold”
The massive £3.5bn tax cut for working people delivers:
- The biggest ever single uplift in the tax threshold
- A personal allowance of £9,205 in April 2013
- 21 million working people getting an extra £220 tax cut
- Brings the total tax cut for basic rate tax payers to £550
- Brings the total number of people lifted out of tax to 2 million.
