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Liberal Democrats

Press Release Liberal Democrats

Press Releases

Liberal Democrats call for personal allowance to rise beyond £10,000

Liberal Democrat Spring Conference today approved a motion calling for further and faster tax cuts for working people by raising the point at which you start paying Income Tax beyond £10,000 to the equivalent of the salary of a full-time worker on National Minimum Wage.

The motion set out a range of measures to pay for this, including the introduction of a Mansion Tax, a crackdown on non-doms and a General Anti-Avoidance Rule.

Commenting, Co-chair of the Liberal Democrat Parliamentary Treasury committee, Stephen Williams said:

"Nick Clegg has made clear the Liberal Democrats want to go further and faster when it comes to cutting taxes for working people.

"These are tough times and we know people are feeling squeezed. That's why we want to do the right thing and put money back in people's pockets.

"Liberal Democrats have always been clear our priority is tax cuts for people on low and middle incomes, not the rich.

"That's why we put this policy on the front page of our manifesto and it's why we want to go further and faster, raising the point at which you start paying tax beyond £10,000.

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