Lib Dems WILL abolish NI contributions for anyone earning below £12,500 a year!

As reported in the national media, the Liberal Democrats plan to cut national insurance contributions even further, for anyone earning below £12,500 a year. The Lib Dems will promise in their general election manifesto to raise the level at which workers start to pay national insurance contributions. Employees currently start paying national insurance on earnings above £153 a week, or £7,956 a year, at a rate of 12%. The Lib Dems, who will beat the goal set out in their 2010 manifesto to raise the personal income tax allowance to £10,000 in this parliament, have already indicated that they will pledge to raise it to £12,500 by 2020. Danny Alexander[…]

Recovery wouldn’t be happening without the Liberal Democrats in Government!

Commenting, local LIB DEM city councillor, Darren Fower said: “Forming the coalition has provided the country with the stable Government it needs to sort out Labour’s financial mess. Liberal Democrat policies are at the heart of the government’s economic plan that is delivering jobs and growth. “While there is still a lot more to do, we have ensured that growth is back, employment is rising, unemployment is falling and inflation is under control. “The Liberal Democrats are committed to building a stronger economy and a fairer society.” This Budget boosts fairness by: The Liberal Democrats have fought for rises in the amount of money that people can earn before paying[…]