A budget for all

This is an article for the Glamorgan Gazette

At the last election the Liberal Democrats' top priority was to give low and middle earners a £700 tax cut. And we've delivered. From this April, for the first time ever, nobody will pay income tax on the first £10,000 they earn

In Bridgend that means that 5,350 earners will no longer pay income tax at all, whilst 49,300 will have £700 more to spend each year than they did in 2010.

Income tax isn't the only way the Liberal Democrats are helping cut living costs. We want to do everything we can do help reduce the cost of childcare for parents. From next year, working parents will be able to get 20p from the government for every 80p they spend on childcare. This will help 3,880 families in Bridgend and around 83,600 million families across Wales.

We are determined to cut living costs in other areas too. At the Budget, we confirmed that fuel duty will be frozen until the end of parliament. In total, Liberal Democrat changes are saving drivers £11 every time they fill up their tanks compared to what it would have cost under Labour's plans.

We are also helping responsible drinkers by cutting beer duty for the second year running. On top of this, we've frozen duty on spirits and cider, and scrapped Labour's above inflation escalator on wine.

All of these changes have been possible because the Liberal Democrats put aside any narrow Party interest back in 2010 to form a stable Coalition government. We know that there is a lot more to do but by producing a long term economic plan, the Liberal Democrats have been able to deliver tax cuts which are building a stronger economy and a fairer society.

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