Graham Stuart, the MP for Beverley and Holderness, has welcomed news that thousands of people on low and middle incomes in East Yorkshire will be better off after next April’s income tax cut.
The Government is increasing the personal allowance by £1,335 to £9,440. New figures have revealed that over 30,000 people in Beverley and Holderness will benefit, including 1,839 of the lowest paid who will be taken out of income tax altogether.
Graham said, “If you want to work hard and get on, the Conservatives are on your side. You will be given a tax cut so you keep more of your money in your pocket. The Government is also capping the increase in benefits so that they don’t outstrip increases in earnings.
“Labour allowed benefits to go up more than the earnings of people who go out to work. This isn’t fair and we will not bring back a something for nothing culture.
“It will be a long road to restore our economy to health but Conservatives have reduced the deficit by a quarter and delivered the highest numbers in employment in our history. In Beverley and Holderness we have unemployment of 4.1%, well below the national average and far less than in the United States or Europe. My priority is to make sure that we promote local jobs and business, control increases in the cost of living and make sure that everybody can share in the security and stability that comes from sound government based on sound finances.”