LOW TAXES FOR LOW EARNERS

That this House welcomes the Government taking 2.2 million people out of income tax so far by increasing the personal allowance threshold; further welcomes the Government raising the income tax threshold even further to £10,000 in 2015; notes that the Government is committed to helping the low paid with the cost of living by lowering taxes so that they can keep more of their own money; further notes that the National Insurance threshold remains at £7,748; and therefore urges the Government to examine the possibilities of increasing the threshold for National Insurance in the long term to help low earners with the cost of living.