132014Dec

A plan to back people who want to work hard and get on

Text of Michelle Donelan in Gazette & Herald, 11 December 2014
Text in the Gazette & Herald on 11 Dec 14:

I BELIEVE that the Autumn Statement announced by the Conservative Chancellor last week was a plan to help people who are working hard to achieve, to earn or find work, to create jobs, to save and provide for their families. You decide:

BACKING HOMEBUYERS

We will reform stamp duty so that 98% if stamp duty payers pay less tax when they buy their home.

BACKING YOUNG PEOPLE

We will abolish the employers’ jobs tax on apprenticeships for people under 25 to help more young people get the skills they need.

BACKING HARDWORKING TAXPAYERS

We will raise the tax-free personal allowance, and higher rate taxpayers will benefit too – a down payment on our commitments to raise the personal allowance to £12,500 and the higher rate threshold to £50,000 in the next Parliament.

BACKING FAMILIES

We will cut tax for families by abolishing the air passenger duty paid for children.

BACKING SAVERS

We will support savers by letting husbands and wives inherit their partner’s ISA and keep its tax-free status.

BACKING BUSINESSES

We will continue to back businesses to create jobs in all parts of the country – with action on business rates and more help for the high street. We will again extend the doubling of Small Business Rate Relief for a further year from April 2015. We will help the High Street so our shops and cafes prosper.

Our £1,000 discount for shops and cafes on the high street will increase to £1,500. It will benefit around 300,000 premises. We’re investing in infrastructure with the biggest road-building programme for a generation – helping businesses and keeping our economy growing.

BACKING OUR NHS

A strong NHS depends on a strong economy. Because our long-term economic plan is working, we can afford to invest another £2bn in frontline NHS services to help deliver better care for you and your family.