More low paid taken out of Income Tax

An increase in the personal allowance before people pay income tax means 24 million people will get a tax cut.

It also means more than two million of the lowest paid will stop paying income tax altogether.   The Personal Allowance will rise by £1,335 in April – the largest ever increase.

Meanwhile, the state pension will rise by more than either earnings or inflation, taking the full Basic State Pension to £110.15 a week.  Free bus passes are also being protected.

A plan to limit benefit increases for people of working age to the same as those already in work has, meanwhile, been opposed by Labour.

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