Figures obtained recently by the local East of England Liberal Democrats show that the tax burden on the lowest paid, under the Conservative/Liberal Democrat Coalition government, is lower as a proportion than it was under the previous Labour government. And those on the highest incomes are paying a greater share.
The information comes from the official HMRC (Her Majesty’s Revenue and Customs) web site. The link is:
The share of total tax paid by the top 25% was 71.5% in 2009-10 (The last year of the Labour Government)
The share of total tax paid by the top 25% was 73.9% in 2011 – 12
The share of total tax paid by the bottom 25% was 2.7% in 2009-10
The share of total tax paid by the bottom 25% was 2.4% in 2011-12
So the tax burden on the highest paid has risen under the Coalition and the burden on the poorest paid has fallen.
The Personal Allowance (tax free earnings before income tax becomes payable) rose in the 2011 Budget by £1,000 from £6475 to £7475, and is planned to rise further to £8105 from April 2012.
This is exactly as proposed in the Liberal Democrat manifesto at the last general election in May 2010.