John Leech MP calls on Government to take those on National Minimum Wage out of Income Tax altogether

Manchester Withington MP John Leech has put down the following Early Day Motion in Parliament;

That this House welcomes the commitment of the Coalition Government to increase the personal allowance to £10,000 by 2015; recognises that increases in the personal allowance have already taken hundreds of thousands of the lowest paid tax payers out of paying income tax altogether and that further increases in the personal allowance will benefit all taxpayers, but benefit the poorest taxpayers more as a proportion of their income; welcomes the recent increase in the minimum wage to £6.08 for adults over 21, which translates into a £228 weekly wage based on a 37.5 hour week, or £11,856 per year; believes that any future reductions in direct taxation should be targeted at the poorest taxpayers rather than the rich; and therefore believes that any further reductions in direct taxation should be further increases in the personal allowance with the aim of taking those on the national minimum wage out of paying income tax altogether.