Jeremy Hunt throws down the gauntlet on tax with five major tax cuts promises in first Tory budget -...

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News,Jeremy Hunt,Labour

The Chancellor said National Insurance would be slashed, income tax would be cut for pensioners and the increased stamp duty threshold would be extended.

Jeremy Hunt has confirmed five major tax cuts will be included in a Conservative post-election budget, and has challenged his Labour counterpart to rule out any rises in her first budget.

Landlords who sell their properties to existing tenants will also get a two-year capital gains tax relief. All the tax cuts would take effect from next April. Jeremy Hunt has confirmed five major tax cuts will be included in a Conservative post-election budget Mr Hunt challenged Shadow Chancellor Rachel Reeves who, along with other senior Labour figures, has failed to rule out increases in areas such as council tax and inheritance tax.

 

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