Prime Minister Keir Starmer has refused to rule out raising National Insurance for millions of Britons ahead of Chancellor Rachel Reeves’ Autumn Budget on October 30.
The new Labour Government was under renewed scrutiny during PMQs this afternoon over potential tax rises being introduced in the near future.
Former Prime Minister Rishi Sunak asked his successor to elaborate on his administration’s fiscal agenda.
“Can he confirm that when he promised to not raise National Insurance, income tax or VAT, that commitment applies to both employer and employee NI contributions?”, he said.
In response, Starmer answered: “As he well knows, I’m not going to get drawn on decisions.We made an absolute commitment to not raising taxes on working people.
“He was the expert’s expert on raising taxes and what did we get from it? We got a broken economy, broken public services and a £22billion black hole.”
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Starmer hit back at his predecessor over potential tax hikes
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The rate paid on National Insurance for 27 million workers dropped from 12 per cent to 10 per cent in January of this year.
On April 6, the levy’s rate for employees fell again to eight per cent as part of former Chancellor Jeremy Hunt’s tax cuts.
According to the last Conservative Government, combined these tax cuts saved the average working person £900 annually, if they were earning around £35,000.
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