Thanks to the @LibDems in government we are delivering the £10,000 income tax threshold today
— Lib Dem Press Office (@LibDemPress) April 6, 2014
Budget breaks for York workers, pensioners and savers
.@libdems fought for a £800 tax cut for 25m British workers and have delivered it http://t.co/r6CqDRLuw7 #Budget2014 pic.twitter.com/B9FddIRBxp
— Liberal Democrats (@LibDems) March 19, 2014
5200 York residents now entitled to tax free childcare
Tax-free childcare to be increased to £2000 per child
A major new childcare package to help millions of parents with the cost of living and give children the best possible start in life was unveiled by Nick Clegg today.
The new tax-free childcare scheme, announced by the Liberal Democrats last year, will be increased from £1,200 to £2,000 per child and the scheme will be brought forward to Autumn 2015.
This means that working parents earning at least £50 per week, will get 20% off the cost of childcare up to a limit of £10,000 for every child under the age of 12.
Those working part-time, on maternity leave or starting their own business will also be eligible for support with their childcare costs.
Do you want a tax cut of £100?
LibDem petition launched
In April we’ll hit our target: a £700 income tax cut for millions of people. But we want to go further. Before the end of the parliament, we want to cut income tax bills by another £100.
Will you help us deliver this?
Think of it as a workers’ bonus. The British people have lived with austerity for three years. Your sacrifices are making it possible for us to fix the economy. This is your recovery and you deserve to feel the benefits – without delay.
The Liberal Democrats want to cut your taxes further because you’ve earned it.
When we came into government, our priority was to increase the personal allowance – the point at which you start paying tax on your earnings – to £10,000. We’ve raised it every year and we’ll hit the £10,000 mark in a few months. But, rather than stop there, I’ll be pushing for another fully funded rise, taking it up to £10,500.
That’s an extra £100 back in your pocket and it brings us a step closer to the Liberal Democrats’ goal for the next parliament: increasing the personal allowance to the minimum wage.