The Liberal Democrats in Government are working to build a stronger economy and fairer society. That’s why we’re cutting Income Tax Bills for millions of ordinary people.
Most taxpayers will be paying £600 less each year from April. With the Liberal Democrats in Government we are putting money back in the pockets of hard working ordinary people, offering a little help in tough times.
Official that the Lib Dems in Government are making the Income Tax system fairer by making those earning over £2 million pay 30% more tax and those earning £15,000 paying 30% less.
Now we are pleased to say yhat we are fulfilling our election promise to increase the personal allowance of tax to £10,000 and this is being done a year ahead of schedule. This has meant 2.7 million of the lowest paid workers not having to pay income tax at all, with the average family having their tax cut by a third.