News

Conservative tax cuts could take 4550 hardworking taxpayers in Mid Dorset and North Poole out of income tax

New figures showing that our plans for further cuts to income tax would take an estimated 4550 low-earners out of paying income tax altogether, as well as reducing others’ tax bills, making hardworking taxpayers more financially secure.  A future Conservative Government has committed to tax cuts for 30 million people by raising the personal allowance to £12,500 and raising the threshold at which people pay the 40p rate of tax to £50,000 by 2020. The personal allowance increase would also take one million low-earners out of paying income tax.

The Government’s benefit cap is fixing the welfare system in the South West

The benefit cap is supporting people off benefits and into work, ending cycles of welfare dependency.  31 households in Mid Dorset and North Poole have had their benefits capped since April 2013, with 2174 households in the South West and 51,200 households affected nationally.The benefit cap has put a stop to some households claiming a massive £57,000 in benefits, equivalent to a salary of £74,000.

New annual tax summaries will show hardworking taxpayers where their money is being spent

Yesterday it was announced over 24 million hardworking taxpayers will start to receive a new, personal Annual Tax Summary. This will set out how much direct tax they pay and how that money is being spent by the Government.  This will mean many hardworking taxpayers in Mid Dorset and North Poole will see exactly how their taxes are being used. Conservative plans to cut inefficient and ineffective spending will reduce the deficit and cut income tax further. 24 million taxpayers (out of 29.9 million) across the country will receive a personal Annual Tax Summary. Tax Summaries are going to everyone who has updated their tax position in the last two years. Someone won’t get a summary if they haven’t paid income tax in the last year, or if HMRC is waiting for information – such as a change of address, or PAYE info from their employer.

FEWER WORKLESS HOUSEHOLDS MEANS MORE SECURITY FOR FAMILIES IN DORSET

The number of workless households has fallen to 271,000 over the last year – the largest annual fall on record. The number of workless households - households where no one of working-age is in work - has fallen to its lowest level since records began in 1996 (ONS, Working and Workless Households, 29 October 2014.

UK unemployment down, again!

New figures show Conservatives’ plan is delivering more security for families in Mid Dorset and North Poole.