Starmer: Tax hike and UC cut will ‘hammer working people’

Labour leader Sir Keir Starmer says Government plans to increase taxes and cut in-work benefits will “hammer working people”. With ministers planning to roll out a 1.25% National Insurance increase while freezing the income tax allowance and removing the £20-a-week Universal Credit uplift, Sir Keir said: “The Government’s acting as if there’s no alternative here. They’re hammering working people and we say it should be those with the broadest shoulders, who should pay their fair share.” Meanwhile, Mr Starmer’s deputy Angela Rayner has hit out at Government plans, saying: “Our key worker heroes need a pay rise, not a tax rise.”

Daily Mirror

Related Post

Government will have to raise taxes to meet its fiscal targets The National Institute of Economic and Social Research (NIESR) has warned that the next government will have no spending room for tax giveaways and will have to find ways of generating revenues amid “sluggish” growth. It said that ministers will have to implement tax rises and delay net zero investment unless the government is willing […] By Lisa Brownlow, 16 May 2024
IR35 rules fuel crisis in self-employment It has been suggested that HMRC’s battles with BBC stars over the controversial IR35 rules have contributed to a crisis in self-employment. A survey by the Association of Independent Professionals and the Self-Employed (IPSE) found that one in ten highly skilled freelancers is currently out of work due to the IR35 reforms. More than half […] By yinka developer, 10 April 2024
Income tax hits £264bn under the Tories Analysis of HMRC data shows that income tax revenues have increased by more than 70% under successive Conservative administrations, hitting £264bn. Then-Chancellor Rishi Sunak froze a number of tax bands in 2021 and since the policy was enacted, income tax receipts have jumped by £49bn. Since 2010, when the Tories took power via a coalition […] By Lisa Brownlow, 10 January 2024