Helping the low paid

This is an article for the South Wales Evening Post and the Glamorgan Gazette

One of the features of the recent budget is that working people in Wales will benefit from a £905 income tax cut by 2018, thanks to a flagship Liberal Democrat Budget policy.

The Budget included Lib Dem plans to raise the tax-free personal allowance yet again to £10,800 in 2016/17 and £11,000 a year later.

In Wales the personal allowance increase in 2017-18 will lift 167,000 people out of income tax altogether and 1.22 million people will see an average real terms gain of £561.

A typical basic rate taxpayer will be £905 a year better off in 2017-18 compared with 2010-11.

Across Britain 27.2 million people will have benefited from the increases by 2017/18 with 3.7 million lifted out of income tax altogether

The party’s 2015 manifesto includes measures to go further with a commitment to raise the tax-free to £12,500 by the end of the next parliament.

This tax cut is the real budget boost for working people and takes even more of the poorest out of income tax altogether.

The Liberal Democrats are the one party to put tax cuts on the front page of its manifesto and deliver them - helping low and middle income families across Britain.

This is a Lib Dem policy and has been the most important and effective policy of this Government - reducing the tax bills of millions and millions of ordinary workers.

Local Tories might try and claim credit but their focus has always been on tax cuts for millionaires. David Cameron also claimed we couldn’t afford to raise the tax-free allowance.

Only the Liberal Democrats can create opportunity for everyone by building a stronger economy and fairer society.


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