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  • If we are going by manifesto pledges then

    We will not raise the rate of income tax, VAT or National Insurance.

    which doesn't seem to fit with

    Everyone will have to pay more tax, says Hunt

  • The plan seems to be to freeze the allowances and the pay points at which you pay more tax until 2028, fiscal drag I gather its called as more people are dragged into higher tax brackets.

    The pay point you pay the top rate is also being dropped, not that it affects me...

    However, messing with Vat doesn't take money directly from pay packets which does break the manifesto

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