Professor Bill Winlow, Preston West

Serving the communities of Lea Town, Lea, Cottam, Ingol & Tanterton Learn more

Effects of Today’s Budget in the North West

by professorbillwinlow on 20 March, 2013

Stronger Economy:

 National Insurance: £2,000 Employment Allowance

  • 95,000 businesses will benefit, with 55,000 of these taken out of employer NICs altogether.

 Pubs benefiting from the beer duty cut

  • 6,714

 Fairer Society:

Income Tax changes

  • People lifted out of Income Tax from April 2014: 286,000
  • People getting a £700 tax cut compared to 2010: 2.6m

Tax Free Childcare

  • Approximate number of eligible families: 279,231

   Fuel duty

  • Number of vehicles benefiting from fuel duty freeze: 3.6m
  • Typical motorist will save at least £7 per tank compared to Labour’s plans
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