Manchester City Council will consider today whether the lowest paid workers should be paying income tax. The Manchester Liberal Democrats have put forward a motion calling the Government to change the tax rules so that those on the minimum wage would pay no income tax.
Increasing the personal income tax allowance to £10,000 was a key Lib Dem election pledge at the last general election. From next April the single person’s tax allowance will rise to £10,000. Nick Clegg, the Lib Dem Leader and Deputy Prime Minister recently said this should rise further to £10,500 by 2015. As a result over ... More