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General election: Labour and Tories confirm income tax squeeze

Speaking on the BBC’s Today programme, Mr Hunt said that “a future Conservative government will not increase income [tax] rates and VAT”.

However, when pressed about whether the income tax threshold would stay frozen, Mr Hunt confirmed it would be for the next three years.

“The tax rises that happened as a result of the pandemic and the energy shock — these two giant shocks — will stay for their allotted time period.

“I took the very difficult decision, yes, to increase taxes. And now, in my Budget and in the Autumn Statement last year, I’ve started to bring them down,” he added.

“Have I been able to cancel out all those tax rises? No, but I had to make that commitment. So I can absolutely undertake that the threshold freeze that we introduced until 2028 will not continue after that.”

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