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Tax & Benefits

Liberal Democrats believe in a fair taxation system and a strong social safety net. We have always fought for doing politics differently.

We are the Party that created the blueprint for the Welfare State under the great Liberal William Beveridge, and we remain committed to creating a society where no one is enslaved by poverty.

We believe in ensuring those who need the most support get the help they need to get by, but also that young people and future generations should not be left to pay our debts.

That's why we want to ensure that tax and benefits are balanced across generations. Too often the first help to be cut is that to young people. We will not allow the next generation to be worse off than their parents.

The Conservative Government is failing those on low and middle incomes.

They have slashed even more from welfare for low paid working people, while increasing stealth taxes so that we all pay more on things like insurance.

We will champion those on ordinary incomes.

That's why we believe no one should pay tax if they earn less than the minimum wage. We will make the wealthiest pay their fair share by clamping down on tax dodging and ensuring that unearned wealth is taxed more aggressively than earned income.

We will fight the Conservative efforts to cut support for the most vulnerable, we will reverse cruel cuts to Universal Credit that mean low income working people keep less of what they earn, and focus support on young people by giving an extra £5 a week to those with children.

We will also abolish the heartless Work Capability Assessment for sick and disabled people and replace it with a system that ensures no one is expected to take a job they are unfit to do.

Finally, we will continue to ensure that people are properly supported in their old age, with a decent, generous State Pension and a tax system that encourages and enables low and middle income earners to save for their retirement.