03 NOV 2014

SIMON HART MP: NEW ANNUAL TAX SUMMARIES WILL SHOW HARDWORKING TAXPAYERS WHERE THEIR MONEY IS BEING SPENT

Simon Hart MP has welcomed the new personal Annual Tax Summaries which set out how taxpayer's money is being spent by the Government.

This will mean many hardworking taxpayers in Carmarthen West and South Pembrokeshire will see exactly how their taxes are being used.

Mr Hart said: "Tax Summaries are going to everyone who has updated their tax position in the last two years. You won't get a summary if you 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 your employer."

As part of the Conservatives' long-term economic plan, income tax has already been cut for 26 million people, with the typical taxpayer's income tax bill cut by £705 since 2010. In Carmarthen West and South Pembrokeshire an estimated 30,060 people have had their income tax cut, with approximately 3,610 low earners taken out of paying income tax altogether – giving them greater financial security.

The Conservatives have committed to go further after the next election and cut taxes for 30 million people by raising the personal allowance to £12,500, and lifting the threshold at which people pay the higher rate of tax to £50,000.

Mr Hart said: "As Conservatives we believe taxpayers deserve to know how the Government spends the money they have earned and paid in taxes.

"These new personal tax summaries will deliver exactly that - letting many taxpayers in Carmarthen West and South Pembrokeshire find out how much direct tax they're paying and what it's being spent on.

"This will mean fairer taxes for everyone, with hardworking taxpayers able to hold politicians to account for how money is spent.".

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Contact Simon

Write:

Simon Hart MP
House of Commons
London
SW1A 0AA

Or

15, St John St
Whitland
Carmarthenshire
SA34 0AN

Phone:

01994 242002
or 0207 219 3000

Email:

simon.hart.mp@parliament.uk

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