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Reform UK would raise the tax-free personal allowance to £15,000 in the first 100 days of the party’s government, Robert Jenrick has vowed.
The party’s Treasury spokesman pledged to resign if he failed to deliver the promise, which would benefit 40 million people.
The personal allowance – the amount a worker can earn before they begin paying income tax – has been frozen at £12,570 since 2021.
It is due to be extended until 2031 under current Treasury plans.
Mr Jenrick told Reform’s party conference in Birmingham on Saturday: “Here is my pledge to you and to the country.
“In the first 100 days of a Reform government, in our first Reform budget, we will raise the tax-free personal allowance from £12,570, not just with inflation, not just to £13,000, not just to £14,000, but to £15,000.
“The first 15 grand you earn is yours. Every penny, every penny is yours tax-free, £500 a year for the average basic rate taxpayer.”
He said: “A tax cut for 40 million people. The biggest rise in the personal allowance in its history, and delivered not in 10 years but in my very first budget.”
Mr Jenrick added: “If I don’t deliver this exactly when I have said that I will, I will resign. No ifs, not buts, I will be gone.”
Labour accused Reform of using the announcement to distract from the funding scandals engulfing leader Nigel Farage.
The party is facing a police investigation over allegations it breached political donation rules by having polling paid for by an overseas company.
A Labour Party spokesperson said: "Robert Jenrick only seems to be interested in making people better off when Reform UK are trying to distract from the latest scandal engulfing their party.
Source: Read the original article on www.standard.co.uk
Written by https://futureknowledge.in/
