4 Big Changes Young People Face After the General Election
The General Election 2015 heralds significant shifts for Britain’s young people. With a Conservative Government led by David Cameron securing a majority, the landscape is set to transform, especially impacting the youth. Here’s a comprehensive overview of what to expect and how these changes might affect you.
1. Tax Reductions
In an effort to tackle youth unemployment, the Conservative party has pledged to eliminate the tax employers pay for workers under 21. This initiative aims to make young people more attractive to employers by reducing hiring costs. Additionally, those working fewer than 30 hours a week on minimum wage will be exempt from income tax. Promises also include banning exclusive zero-hour contracts, allowing workers to seek additional employment.
While reduced taxes sound appealing, they come without a commitment to raising wages, including minimum or living wages.
2. Cuts to Benefits and Public Services
Tax reductions mean less revenue for the government, necessitating cuts in public services. The plan includes reducing funds for essential services such as schools, libraries, emergency services, transportation, and healthcare. Notably, most people under 21 claiming Jobseekers Allowance will lose eligibility for housing benefits, and the benefits cap will drop from £26k to £23k, likely increasing reliance on food banks.
3. Smaller House Deposits
To assist first-time homebuyers, the Conservatives propose schemes to aid in saving for a house deposit. These include renting new properties at discounted rates while saving to buy. Additionally, plans include investing in 100,000 new homes sold at a discount to under-40s.
4. Government Access to Online Information
In the interest of national security, the government plans to access online communications, potentially phasing out services like WhatsApp and Snapchat for safety.
With these changes, young people must adapt and engage in civic activities. Be part of the change by staying informed and involved. Explore more on how you can participate.
For further insights, check out our articles on 4 big changes young people face after the General Election and Three million youth votes up for grabs.