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Keir Starmer denies misleading public about tax rises in UK budget.

Keir Starmer denies misleading public about tax rises in UK budget.

 



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Keir Starmer has denied misleading the public about tax rises in his Budget after claiming workers do not make money from property or stocks.

The Prime Minister also rejected claims that he had waged war on Central England.

Labor published a manifesto saying it would not raise taxes on workers, explicitly ruling out increases in value-added tax (VAT), national insurance and income tax.

Keir Starmer giving a press conference at the Commonwealth Heads of Government meeting in Samoa (PA Wire)

But Prime Minister Rachel Reeves is now expected to increase national insurance for employers rather than employees, a move Labor insiders believe will not break any promises.

Lord Keirs' comments about workers also raised fears of other tax rises. Although Downing Street later countered that people with small savings in stocks and shares were still considered workers and that the Labor leader meant mainly tax recipients. Income from assets.

Among the levies that could be increased are capital gains tax, inheritance tax and fuel tax.

The shadow chancellor, Jeremy Hunt, said it was the employment tax paid by workers that would boost employers' national insurance. Not only does this harm businesses, it also means fewer jobs and lower wages. He wrote on Twitter: The IFS (think tank) has made it clear that this is a direct breach of the Labor manifesto.

The Prime Minister was asked at a press conference after a meeting of Commonwealth heads of government in Samoa on Saturday whether he was planning a war against central Britain.

no. “Let me make that clear,” he said. The budget did two things.

The first is fixing the foundations of dealing with our legacy, including the 22 billion black hole. We have to deal with it. In the past, leaders would ignore these issues and create fiction, but I wasn't prepared to do that.

Rachel Reeves is due to deliver the budget on October 30. (Leon Neal/PA) (PA Wire)

Asked whether he had misled the public in the Labor manifesto, he added: No, we have been very clear about the tax increases that we inevitably have to do, whatever the circumstances. And you listed them there and I listed them. You can see how many times you have participated in a campaign.

We have been equally clear in our manifesto and campaign that we will not raise taxes on workers, and we have spelled out in detail what that means in terms of income tax, NICs. [National Insurance contributions] On the VAT side as well, we plan to keep the commitments we made in the manifesto.

The Prime Minister told Sky News that people who earn income from assets such as property shares while traveling are not considered workers.

They would not fall under my definition, he said.

Ms Reeves is seeking $40 billion in tax increases and spending cuts to avoid a return to austerity in next Wednesday's budget.

Ms. Reeves acknowledged she would raise some taxes, blaming the $22 billion black hole in public finances she discovered when she took office.

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2/ https://www.independent.co.uk/news/uk/politics/keir-starmer-budget-2024-working-people-b2636353.html

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