Our commitment: an income tax cut for 30m people

The next Conservative government will cut taxes for 30 million hardworking taxpayers.

By the end of the next Parliament we will:

  • Increase the tax-free personal allowance from £10,000 to £12,500 – taking a million more people out of income tax altogether
  • Increase the level at which people start paying the 40p rate from £41,900 to £50,000 – cutting taxes for millions of families
  • Our long-term economic plan for the past four years has been about saving our country from economic ruin. Our plan for the next five years is about you and your family, and helping you get on. That’s what our plan means for you.

And it’s only possible because we’re taking the difficult decisions to reduce the deficit and build a stronger, healthier economy for the long term.

At the next election, the choice facing Britain is clear: Labour’s failed polices of more spending, more taxes and more debt than our children could ever repay; or the Conservatives’ long-term economic plan to help hardworking taxpayers and secure a better future for Britain.

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Giving people access to a GP seven days a week

The next Conservative government will give everyone access to a GP seven days a week.

Under Labour, 90% of GPs stopped seeing patients at evenings and weekends, named GPs were abolished, and the number of family doctors was cut by almost 800 in their last year in office – damaging patient care.

But we’re putting patients first by:

  • Giving everyone access to a GP seven days a week by 2020, so patients can see their GP at a time that suits them
  • Supporting thousands of GPs to stay open for longer, so millions of people have better access to a doctor
  • Restoring named GPs for everyone in the country, so every patient has their own doctor responsible for all their care outside hospital – ensuring more personal care and greater peace of mind for patients

It’s part of our plan to secure a better future for Britain – where people are confident that when they and their family need it, the NHS will be there for them.

And it’s only possible because - as part of our long-term economic plan – we’ve taken the difficult decisions to reduce inefficient spending elsewhere.

You can’t fund the NHS without a healthy, growing economy – and that’s what Labour will put at risk.

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A better future with the Conservatives

The next election is a choice between the future and the past.

After 13 long years of Labour, our economy and our country were on the floor.

But with the help of our long-term economic plan, Britain is now the fastest growing, most job creating, most deficit reducing of any major advanced economy.

In just four years, Britain has come a long way - but there’s still more to do.

And we’re continuing to work through our plan by:

  • Abolishing the 55% tax on pension pots - so people can pass on their pension to loved ones with less tax or no tax at all
  • Taking the difficult decisions to keep reducing the deficit - including freezing benefits for two years from April 2016
  • Putting a stop to multinational companies avoiding tax
  • Helping young first-time buyers get their starter home with a permanent Help to Buy

The next election will be a simple choice: between going back to Labour’s mistakes of the past and looking ahead with the Conservatives to a better future.

So let’s choose that better future. Please share this post on Facebook and Twitter today - and let’s win the next election together.

Backing those who work hard and save all their lives

We’re backing those who work hard and save all their lives.

That’s why we’re abolishing the 55% tax on pension pots – so people can pass on their pension to loved ones with less tax or no tax at all.

Backing savers is a key part of our long-term economic plan to help hardworking taxpayers and secure a better future for Britain.

Pensioners will now be able to pass on more of their hard-earned money. From April 2015, when beneficiaries draw down the income on a pension they will pay only a marginal tax or no tax at all.

That gives people who have worked hard and saved all their lives the financial independence and security to enjoy their retirement and to pass on more to their children and grandchildren.

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3 million more apprenticeships so young people can get on in life

We’ve already created 1.8 million apprenticeships – and now we’re going even further. 

As part of our long-term economic plan, we will deliver three million more apprenticeships by the end of the next Parliament and abolish long-term youth unemployment – so all young people have the opportunity to get on in life. 

We’re also scrapping unemployment benefit for 18-21 year olds, and replacing it with a Youth Allowance. This will be time-limited to six months, after which young people will have to take an apprenticeship, a traineeship or do community work to earn their benefits. 

It will be paid for by cutting the benefits cap and stopping most young people from claiming housing benefit – so the welfare system doesn’t trap young people in a culture of dependency.

For millions of people, an apprenticeship is the key to realising their potential and securing a better future. With the Conservatives, more young people than ever will benefit from an apprenticeship and get on in life.

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7 moments from Labour’s Conference that show they haven’t changed

Labour haven’t changed – and their Conference proved it.

Labour wrecked the economy when they were last in power, and they’re just not up to it now – as these seven moments show:

1)      Ed Miliband ‘forgot’ to mention the deficit in his Conference speech. If the Labour leader ignores our country’s debts, how can hardworking taxpayers have the confidence that Labour won’t wreck the economy again?

2)      Ed Balls’ speech included £20.4bn of spending promises and only 1.9bn of savings – an £18.5bn black hole that shows you can’t trust Labour on the economy.

3)      Labour’s Shadow Work & Pensions Secretary didn’t know how much the State Pension is – showing that pensions aren’t safe in Labour’s hands.

4)      It was revealed that Labour’s tax rises could cost 375,000 jobs – a report from a leading think tank warned that Labour’s plan would leave hundreds of thousands of hardworking families without the security of a pay packet.

5)      Labour couldn’t get their sums to add up: their Shadow Health Secretary said he had no idea how their homes tax would help fund the NHS; their Shadow Energy Secretary couldn’t say how much money the homes tax would raise; and their Shadow Work & Pension’s Secretary didn’t know how much their child benefit freeze would save.

6)      A new survey showed 85% of Labour candidates don’t think the last Labour government spent too much – proving that Labour still haven’t learned their lesson.

7)      The Institute for Fiscal Studies confirmed that Labour’s policies would lead to a ‘higher debt and higher deficit’ – which would put the recovery at risk and make hardworking taxpayers less financially secure.

Labour haven’t changed. They would put the recovery at risk with more spending, more taxes and more debt than our children could ever hope to repay.

It’s same old Labour – and Britain can’t go back to it.

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Labour’s £18.5 billion black hole

Today a £18.5 billion black hole was found in Ed Balls’ spending plans – proving that you can’t trust Labour on the economy.

In his speech at the Labour Party Conference, the Shadow Chancellor made £20.4 billion of spending promises:

  • A British Investment Bank: £3.8bn
  • Homebuilding: £10bn
  • A 10p starting rate of income tax: £780m
  • Cutting business rates: £510m
  • A Compulsory Jobs Guarantee: £2.58bn
  • Restoring the spare room subsidy: £465m
  • Repealing the NHS Bill: £1.5bn
  • Extending free childcare: £800m

But set out only £1.9 billion of savings to pay for those promises:

  • Scrapping Police and Crime Commissioners: £50m
  • Capping child benefit: £120m
  • Raising income tax: £110m
  • Cutting ministerial salaries: £0.6m
  • Restricting winter fuel payments: £105m
  • Scrapping the married couples tax allowance: £780m
  • Abolishing employee shareholder status: £45m
  • Reintroducing the Schedule 19 charge for Stamp Duty: 145m

That’s a black hole in Labour’s spending plans of £18.5 billion – which would have to be made up with more borrowing and more taxes on hardworking families.

Labour haven’t changed.

They have no credible plan for the economy – and worse, they’d put the recovery at risk with more inefficient spending, more taxes, and more debt than our children could ever repay.

Only the Conservatives have a long-term economic plan for a healthier economy and a better future.

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Labour’s tax hikes could cost 375,000 jobs

Labour would hit growth and cost jobs.

That’s the verdict of the respected Centre for Policy Studies think tank.

A new CPS report says that Labour’s plans for more taxes could cost the economy £25bn over the next Parliament. (Source: Centre for Policy Studies, The Cost of Labour)

Even more importantly, they say that 375,000 jobs could be lost – leaving hardworking families without the security of a pay packet.

It’s same old Labour. Last time they were in power, they left half-a-million more people unemployed and they’d do the same again.

While Labour would cost jobs, our long-term economic plan has helped create 1.8 million new jobs.

While Labour would lead to financial insecurity for families, our plan is helping more people provide for themselves and their loved ones.

While Labour would put the recovery at risk, our plan is securing a better future for Britain.

That’s why we need to keep working through the plan – and why we can’t go back to Labour.

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Promoted by Alan Mabbutt on behalf of the Conservative Party, both at 4 Matthew Parket Street, London, SW1H 9HQ