Susan Elan Jones
Main Page: Susan Elan Jones (Labour - Clwyd South)Department Debates - View all Susan Elan Jones's debates with the Cabinet Office
(11 years, 6 months ago)
Commons ChamberThe reduction in corporation tax will be of immense benefit to Welsh small businesses. The Budget did, of course, announce that the national insurance employment allowance will benefit 35,000 businesses in Wales, with 20,000 of them taken out of paying national insurance contributions altogether.
13. What assessment he has made of the effects of the Government’s policies on the living standards of people in Wales.
This Government are committed to supporting those on low and middle incomes and to assisting growth by putting more money in the pockets of ordinary taxpayers. For example, the cumulative effect of this Government’s announced increases to the income tax personal allowance will result in a cash gain of £705 per annum for a typical basic rate taxpayer.
Some 400,000 individuals across Wales will face real-terms cuts in tax credits and benefits at a time when 13,000 millionaires across the UK will get a tax cut. Does the Secretary of State think this is right—yes or no?