Fighting For More Tax Cuts

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People who are earning the minimum wage should not have to pay income tax.

Working people in Bermondsey and Old Southwark have directly benefited from having Liberal Democrats in government.

In 2010, the personal income tax allowance was £6,475. Now it's £10,000. This means that you don't pay income tax on the first £10,000 you earn, making you around £700 better off than you were under a Labour government.

Over 125,000 people in Southwark have benefited from these tax cuts, with 15,000 a year have been taken out of tax completely.

Nationally, 24 million people are £700 a year better off because of what we've done.

In 2015, we're going to raise it again to £10,500, increasing the amount you save on income tax to £800.

But this isn't the limit of my ambition. I'm supporting raising the personal income tax allowance to £12,500.

By doing this, people in Bermondsey and Old Southwark would be paying £1,200 less in income tax a year compared to what they were when Labour were in power.

I want to keep fighting for local workers, delivering these vital changes. I want Bermondsey and Old Southwark to continue benefitting from what Liberal Democrats are doing in government.