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@MrDrem
So, minimum wage becomes the living wage, for those aged over 25, starting at £7.20 an hour from April 2016 and set to reach £9 by 2020.
Also there is the raise in personal allowance to £12,500 by 2020, so that people working 30 hours a week on the minimum wage do not pay income tax.
Which just goes to show how numerically illiterate they are.
2020 living wage * 30 hours * weeks in a year = minimum total annual pay in 2020.
£9*30*52=£14040
minimum total annual pay in 2020 - personal allowance in 2020 = amount taxed for those on living wage.
£14040 - £12500 = £1540
That's £1540 on which those on the lowest pay will pay tax on, if they work that 30 hours per week.
£1540 is a lot more than £0. If tax rates stay that same that's a tax bill of £308 per year, or £25.67 per month, or £5.92 per week.
(changes from http://www.bbc.co.uk/news/uk-politics-33440315 )