The 40p tax rate is hitting too many people on ‘ middle incomes ’ , David Cameron said yesterday – as he hinted at fresh action on the issue in next week ’ s Budget . The Prime Minister said it was wrong that millions of people doing normal jobs like teaching are now paying a tax rate that was ‘ only ever meant for the better off ’ . Mr Cameron announced last year that a future Conservative government would raise the threshold for paying 40p tax from £41,865 to £50,000 by 2020 . Scroll down for video . David Cameron said the 40p tax rate is hitting too many people on ‘ middle incomes ’ as he hinted at fresh action in the upcoming Budget during a visit to The Green School For Girls in west London yesterday ( above ) The move is opposed by the Liberal Democrats , so can not be brought in immediately . But Chancellor George Osborne is expected to set out the aspiration during next week ’ s Budget , including laying out the timetable for raising the threshold . Senior Tories are pushing for the first significant rise in the threshold to be made next year if the party wins the election . The number of people paying 40p tax has risen by about two million to five million since 2010 , as a result of coalition decisions to cut the threshold to help pay off the huge budget deficit left by Labour . In a speech at a school in West London yesterday , the Prime Minister yesterday pledged to start easing the pressure on middle class families . He said : ‘ We will raise the threshold at which people start paying the 40p rate of tax . This rate was only ever meant for the better off . But over the years it ’ s dragged more and more people into its reach - police officers , teachers , people on middle incomes . ‘ That ’ s why we will move that threshold to £50,000 – so more hardworking people can keep more of the money they earn. ’ The Prime Minister made the comments during a visit to The Green School For Girls in west London ( above ) Mr Cameron ( pictured during his trip to west London ) also confirmed that the Tories will press ahead with plans to raise the starting threshold for paying income tax to £12,500 – an ambition shared by the Lib Dems . Despite the pledge , the number of people paying 40p tax is expected to rise , albeit at a slower rate . Many Tory MPs are pushing Mr Cameron and Mr Osborne to go further and faster on the issue . Mr Cameron also confirmed that the Tories will press ahead with plans to raise the starting threshold for paying income tax to £12,500 – an ambition that is shared by the Lib Dems . The threshold is already due to rise to £10,500 next month , and Mr Osborne is expected to announce it will rise to £11,000 in the Budget . Mr Cameron said the move would be ‘ a tax cut for 30 million people. ’ He added : ‘ It will take everyone on the Minimum Wage working 30 hours a week out of income tax altogether . '
David Cameron hinted at fresh action in upcoming Budget over next week tax rate . Prime Minister said the tax is hitting too many people on ‘ middle incomes ’ He announced last year that future Tory government would raise threshold . George Osborne expected to set out aspiration during 40p ’ s Budget .