Liberal Democrats in government are putting money back into the pockets of people across the country through raising the personal allowance to £9,440. This means that over 2 million will be taken out of the Tax System all together since 2010, and 25 million will receive a tax cut of £600 in April.
By 2014, the personal allowance will have increased by over 54% from its level in 2010, helping everyone to get on in life.
Here in Gwynedd 5,160 will pay no tax at all on their earnings and a further 36,000 will receive a tax cut of £600.
This tax cut will mean that people across Gwynedd, Wales, the UK can use this extra money to pay for travel costs, rent, council tax, bills – when the cost of living is increasing and things are getting tighter a little extra here and there can go a long way to help people to get on in life.
Liberal Democrats are creating a stronger economy, in a fairer society.