Bishop's Stortford MP Mark Prisk welcomes tax cut for 51,018 constituents
Bishop's Stortford's MP, Mark Prisk, has welcomed new Government measures which he claims will put more money in his constituents' pockets.
From the start of the new tax year on April 6, the personal tax allowance increased to £12,500, a rise of £650. This means a basic-rate taxpayer will pay more than £1,200 less in income tax than they did in 2010.
In addition, fuel duty has been frozen for the ninth year in a row, the National Living Wage has risen 4.9% from £7.83 to £8.21 an hour and the full state pension is up 2.6% at nearly £170 a year more.
Mr Prisk, a former business and housing minister, said: "The Conservatives have always been committed to keeping taxes down so people can keep more of their hard-earned money, and these measures are good news for 51,018 people in Hertford and Stortford who will see their taxes cut.
"We have once again cut income tax for workers and frozen fuel duty again, meaning a bit more money in people's pockets at the end of the month.
"Our increase to the National Living Wage means millions of the lowest paid will receive a pay rise, and people can also look forward to greater security in their retirement through increases to the state pension.
"We can only continue cutting taxes and increasing pay through our balanced approach to the economy."