Budget 2015 packed with Liberal Democrat policies

This Budget is packed full of policies that deliver Liberal Democrat priorities: Help for lower and middle income earners by increasing the Personal Allowance by further £200 so that from April 2016 the tax threshold increases to £10,800 and from April 2017 to £11,000. By 2017/2018, 27.2 million workers will have benefited from increases in the personal allowance and we will have lifted over 3.7 million out of income tax altogether. Help for children with mental health problems by providing £1.25bn of new funding over the next five years to treat 110,000 more children with mental health issues, and provide rapid access to treatment for new mothers. Help for motorists[…]

VICTORY for @LibDems in our campaign to deliver £800 tax cut for ppl on low + middle incomes!

Cutting income tax by £700 – by raising the tax-free allowance to £10,000 – was the top priority on the front page of the Liberal Democrat manifesto. That comes into effect this month and the Budget confirmed that the Liberal Democrats have now been able to go even further. The tax-free threshold will rise to £10,500 next year, giving a tax cut of £800 for 25m working people since 2010. Liberal Democrat policy is to continue to increase the threshold in the next Parliament to £12,500. The Tories are keen to try and claim credit for our tax cut, but in reality they came into the election arguing for an[…]

Q: Work in Peterborough? Did you check your pay slip last week?

last month, tens of thousands of Peterborough received their first pay slip since the Income Tax personal allowance was raised from £8,105 to £9,440! When Liberal Democrats came into power in 2010 this was just £6,475. Raising the tax-free allowance is the Liberal Democrats’ flagship policy and has so far seen Income Tax bills slashed by £600 a year for millions of low and middle income workers compared to what they were paying under Labour. As a result, more than 2m people on low pay have been lifted out of paying Income Tax altogether. The tax-free allowance will rise again next year to £10,000, fulfilling a commitment from the front[…]

76,300 people in Peterborough have their income tax bill CUT by £600 a year!

Amidst all the doom and gloom about benefit changes, you might be interested to know that from NOW, 76,300 people (i.e. all basic rate tax payers) in Peterborough will see a cut in their income tax bill of £600 a year or £50 each month! Commenting, Liberal Democrat Group Leader on the City Council, Nick Sandford, said: “Since 2010, 6220 people in Peterborough who were previously paying income tax, now pay nothing at all! The total savings in income tax for Peterborough people since the 2010 election have been a staggering £45,780,000. “This has all happened through implementation of the pledges in the Lib Dem manifesto by the Coalition Government. Nick Clegg said that by 2015,[…]

“Promise made, Promise kept – £700 off your tax bill” – 7k Peterborough people removed from paying income tax!

FACT: 6,910 Peterborough people HAVE been removed from paying income tax altogether! 77,100 have received a cut in their income tax paid! “The announcement that the Income Tax Personal Allowance will rise to £10,000, confirmed in the Budget, means the Liberal Democrats’ top priority at the 2010 General Election has been delivered in full by the Coalition Government.” It means: · A £700 tax cut for 24.5m working people across the UK since the Liberal Democrats came to power. · 2.7m low paid workers will no longer pay Income Tax at all. · For the average family, we have cut the Income Tax bill by a third. · It is[…]