THE VOTING BLOC
income tax
- Income Tax will be a flat rate of 20% for everyone
- The Personal Allowance will be raised to £20,800 per year.
- National Insurance will be abolished and replaced with a Personal NHS Contribution.
Full time university students
- Full time University Students will be paid £340 per week.
- Student loans at 1% above base rate will be available to pay for tuition fees.
- Loans will be repaid, with a deduction from income, as soon as the student leaves university at 4% of gross income.
MPS
- Pay will be tied to a fixed multiple of the Minimum Wage.
- There will be a fixed annual, tax free expenses payment for all MPs.
- Free travel warrants for public transport and free London accommodation will be provided.
things to be abolished
- Overseas Aid
- The TV Licence
- The House of Lords
- Employers Pensions contributions for new employees
- Inheritance Tax
The public sector
- No one will be made redundant.
- No one will take a pay cut.
- No one will have current pensions terms changed.
- Pay will be capped at £80,000 per year for people currently earning less than that.
- There will be a recruitment freeze in some posts.
social housing building programme
- Local Authorities will build new, high quality, safe, rent controlled social housing apartments on brownfield sites.
- Local Authorities will set up new Local Housing Partnership Ltd Companies.
- The Local Authority will put land into the company and raise finance by selling shares, in the first instance to local people.
- Dividends will be paid to shareholders from the profit from the rent.
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