DAVID MORRIS, MP for Morecambe and Lunesdale, gives his latest thoughts.
THE Chancellor George Osborne delivered the budget recently.
The personal income tax allowance has been raised to £9,205 which is very good news. This means many people will be taken out of income tax altogether and nationally twenty four million people will be £220 better off.
I am working towards that figure being £10,000, however, £9,205 as a starting point is good news.
Pasties have received much press coverage since the budget. I am told that you would have to eat 900 pasties to be worse off in the budget, which is an average of just over 17 pasties a week….
A top accountancy firm have created a Budget Calculator which has been published on the BBC website.
I have created several different scenarios for illustrative purpose only. The first is a female who is 30 and married, drinks one glass of wine each day and fills up £50 worth of unleaded fuel per week. She earns £10,000 a year. According to the calculator under the budget she will be £398 better off.
Conversely, I took a 45 year old male who earns £100,000 a year, drinks one glass of wine each day and fills up £50 of unleaded each week and that person is likely to be £329 worse off.
Recently, I was able to ask cabinet minister Francis Maude about political fundraising.
I said: “The banter from those on both benches has been shameful for the whole of democracy” adding “may I implore the Minister to set up a commission to iron out party funding once and for all, independently, so we do not have to do this time and time again?”
Responding on behalf of the Government, Francis Maude MP said: “The shelves of the libraries groan with unimplemented reports on the reform of party funding.
“We take the view that this should be done by consensus between the parties, if at all possible.
“That is the spirit in which we undertook these discussions previously — four or five years ago — and that is the spirit in which we shall approach the matter this time.”