US EditionTax-cutting agenda: Welsh Conservatives bring forward Senedd motion
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Tax-cutting agenda: Welsh Conservatives bring forward Senedd motion
THE WELSH CONSERVATIVES have unveiled a proposal to cut the basic rate of income tax by 1p, should they form the next Welsh Government. The policy would affect 1.7 million taxpayers in Wales, with the party claiming it would save the average working family around £450 per year. The cost of the tax cut is estimated at £299 million—approximately 1.15 per cent of the Welsh Government’s £26 billion annual budget. According to the Conservatives, this…
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