Mar 6, 2024
James Gray welcomes the Government’s Budget
James Gray has welcomed the Government’s Budget for people across North Wiltshire. Because the Government has stuck to the plan with the economy, inflation has fallen from 11.1. per cent to 4.0 per cent and is predicted to fall below 2% very shortly. That means the Conservative Government have been able to cut taxes for more people and businesses in North Wiltshire. The Government announced National Insurance will be cut again. Combined with the cut at the Autumn Statement, that is a tax cut of over £900 for the average worker earning £35,400 – giving the average earner the lowest effective personal tax rate since 1975.It means a family with two earners on the average income of £35,400 each, in North Wiltshire, will be better off by £1,827 a year.
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