Every household will pay £2,094 more in tax
The impact of Labour’s £38.5 billion in unfunded spending commitments would be equivalent to £2,094 extra tax per working household over the next four years.
See the evidence…Because you get the state pension, you will pay £735 more in tax
Conservatives will ensure that the tax-free personal allowance for pensioners will also rise by the same as the Triple Lock – guaranteeing the state pension is always below the tax-free threshold. Labour wouldn’t do this, costing you £735.
See the evidence ❯❯❯Because you send your child to private school, you will pay £14,048 in VAT
Labour plan to charge VAT on private school fees, adding 20% to your fees. The average fee for a day pupil at a private school is £17,562, so over the next 4 years, you will pay £14,048 more in VAT.
See the evidence ❯❯❯Because you own your own home, you will pay £1,928 extra in Council Tax
Labour in Wales have proposed Council Tax revaluation and rebanding. Labour now want to do this across the UK. Pushing an average home into the next Council Tax band would increase tax by £482 a year, costing £1,928 over the next 4 years.
See the evidence ❯❯❯Because you want to buy your first home, you'll be charged £3,500
Labour refused to rule out any incresased to stamp duty. Conservatives plan to remove stamp duty for first-time buyers purchasing a property for less than £425,000. So you’ll pay £3,500 extra under Labour.
See the evidence ❯❯❯Because you plan to buy a boiler, you’ll pay an extra £120 with Labour
Conservatives have delayed the boiler tax until April 2025, but Labour have committed to reinstating it. Costing you an extra £120 on average.
See the evidence ❯❯❯
