Middle and Low Earners "personal tax guarantee" with Labour

Labour's plans to upgrade and transform Britain's economy will be underpinned by a commitment to protect middle and low earners' incomes by announcing a "personal tax guarantee", which will pledge that a Labour Government will guarantee to rule out rises in the following taxes in the next parliament: • VAT (Standard rate) • Income Tax on those earning below £80,000 a year • Personal National Insurance Contributions Under Labour's plans, 95 per cent of taxpayers will be guaranteed no increase in their income tax contributions and everyone will be protected from any increase in personal National Insurance Contributions and VAT. Only the highest earners, the top five per cent of taxpayers, will be asked to contribute more in tax to help fund our public services that have suffered at the hands of seven years of Tory austerity. Only the Labour Party is promising to stand up for working people, the majority in our country, while the Tories have made clear they are determined to carry on handing out tax giveaways to a wealthy few.

Scott said: "Middle and low earners need this guarantee. Hard working families, couples and individuals up and down the Country need to know Labour's on their side."

"We want to make sure hard working people keep as much money in their own pockets. Too many hardworking people are visiting food banks and struggling to pay bills"