Commenting on the news that from April 6th, Welsh workers will receive a 2p cut to national insurance contributions, following a 2p cut introduced at the start of the year, Welsh Conservative Shadow Finance Minister, Peter Fox MS, said:
“With national insurance contributions cut by 2p, in addition to the 2p cut introduced at the start of the year, average workers across Wales will now receive a £700 tax cut.
“This in addition to inflation on course to drop below 2%, with millions of pounds of funding provided by the UK Government to communities right across Wales.
“The tax cuts coming into force this week show that the UK Conservative Government’s economic plan is working.”