article_snippet.sent: Other measures to encourage saving will also begin, with the Isa limit increasing to £15,240 and the 10p savings tax band abolished.
article_snippet.sent: Treasury analysis shows the changes will benefit 14million working households to the tune of £17 a month.
article_snippet.sent: – more than nine in ten – will benefit by £15 a month.
article_snippet.sent: Middle income households earning around £23,000 a year will benefit the most, and the top ten per cent of earners the least.
article_snippet.sent: Two years ago today millionaires gave the top one per cent of earners in the country a £3billion a year tax cut.
article_snippet.sent: In government, we secured a tax cut totalling £825 every year for millions of ordinary working people.
article_snippet.sent: we now plan to take this further, raising the [tax-free personal allowance] threshold to £12,500 and giving millions of people a further tax cut worth nearly £400.
highlights_snippet.sent: More than nine in ten working households will receive a tax cut from today .
  
highlights_snippet.sent: Personal allowance rising to £10,600 - putting extra £17 a month in pockets .
  
highlights_snippet.sent: A rise in the personal allowance from £10,000 to £10,600.
  
highlights_snippet.sent: The first increase in the 40p higher threshold – in line with inflation – for five years.
  
highlights_snippet.sent: The £1,060 Marriage Tax allowance, which benefits traditional couples where one parent does not work.
  
highlights_snippet.sent: A one per cent increase in working age benefits.