From 6 April, 24 million people will be paying up to £600 less income tax than they were in 2010.
This is because Conservatives in Government have increased the personal income tax allowance for three consecutive years. The personal income tax allowance is the amount of money you can earn tax-free. As of 6 April, you will not pay any income tax on the first £9,440 you earn.
Because of this, 24 million people are paying up to £600 less tax than they were in 2010 . In addition, 2.2 million of Britain's lowest-paid workers will not pay income tax at all. This means more money stays in the pockets of those who need it most.
Next year, you will be able to keep even more of the money you work for. From April 2014, you won't have to pay income tax on the first £10,000 you earn. This means even more lower-paid workers will keep what they earn and 24 million people will pay £700 less income tax than in 2010.