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Wales Online
Wales Online
Politics
Laura Clements

'Everyone will have to pay more tax' warns Chancellor Jeremy Hunt

The Chancellor has warned everyone will have to pay more tax as he set out his plan "to see us through choppy waters". Jeremy Hunt was talking to the BBC's Laura Kuenssberg ahead of his autumn statement on November 17 where he will announce his tax and spending plans for the coming months.

Speaking on Sunday with Laura Kuenssberg he said: "I've been explicit that taxes are going to go up." Mr Hunt acknowledged his plans would "disappoint people" but he promised to protect the "most vulnerable". He said: "We have a plan to see us through choppy waters... we will make the recession we are in as short and shallow as possible."

The BBC also reported that Mr Hunt is planning to freeze tax thresholds - the levels of income at which people begin to pay more tax - until 2028. While he did not confirm these plans when appearing on Sunday with Laura Kuenssberg, the chancellor admitted putting up taxes was a "very difficult thing for me to do because I came into politics to do the exact opposite".

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