Telling voters that in future they could ‘take home more of their own money, David Cameron promised that the increase in the threshold at which people pay the 40% tax rate from £41,900 to £50,000 while the personal income tax allowance would be extended further by £2,000 to £12,500.
The promises to improve personal taxes come amidst calls from Conservative backbenchers to raise the 40% threshold.
Cameron also repeated plans to allow pensioners to pass on pensions without incurring death taxes and said that spending on the NHS would again be ringfenced report Harris & Co accountants Northampton #accountantsnorthampton