Cutting taxes by raising the personal allowance to £10,000 was on the front page of our 2010 General Election manifesto.

Liberal Democrats in government have fought to deliver this tax cut, something the Conservatives said was unaffordable.

The personal tax allowance has now increased to £10,600 meaning that during this Parliament Liberal Democrats will have delivered a tax cut worth £825 for 27m workers.

Under our manifesto plans we will go further and increase this to £12,500 by the end of the next Parliament delivering a further tax cut of £400.