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World

David Cameron pledges tax cuts 'for 30m people'

October 1, 2014 7:57 pm

David Cameron has pledged to cut taxes for thirty million people if the Conservatives win next year’s election.

In a speech which ended his party’s conference, the PM said he would raise the tax-free allowance from £10,500 to £12,500 by 2020.

He also said the threshold for the 40p income tax rate would be raised from £41,900 to £50,000 by the end of a five-year Conservative government.

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The changes would back people who “do the right thing”, he said.

Both tax reform proposals – the timing of which the party said depends on economic circumstances – received lengthy ovations.

Mr Cameron also promised:

  • A Conservative government would protect the NHS budget for England
  • He would “deliver” on a pledge of “English votes for English laws”
  • The UK could not “walk on by” in the battle with Islamic State extremists
  • Immigration would be at the heart of his EU negotiation strategy
  • A vote for UKIP at the next election would be “a vote for Labour”
  • He would scrap the Human Rights Act
  • Every teenager could have a place on the National Citizenship Service

Increasing the personal allowance would take one million of the lowest-paid out of income tax and give a tax cut to 30 million more, Mr Cameron said.

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