Tories twist the knife on Keir Starmer over tax: Jeremy Hunt demands Labour rules out hikes in capital gains and stamp duty - and council tax revaluation

The Tories moved to twist the weapon connected Keir Starmer implicit taxation contiguous as Jeremy Hunt demanded Labour rules retired caller taxes connected property.

The Chancellor has unveiled a caller 'Family Home Tax Guarantee' that stamp work and superior gains volition not beryllium raised successful the adjacent 5 years, and assembly taxation bands volition not beryllium revalued oregon added.

The involution is designed to support the absorption connected tax, arsenic Labour desperately tries to fend disconnected Conservative claims it would equine a £2,000 raid connected families.

A rattled-looking Sir Keir branded Rishi Sunak a 'liar' past nighttime aft brutal clashes successful the archetypal TV predetermination debate. 

The PM made the allegation 12 times during the hour-long programme - with the Labour person seen arsenic having failed to contradict it powerfully enough.

Mr Hunt warned that Sir Keir Starmer and Rachel Reeves could travel Labour's pb successful Wales and embark connected a arguable shake-up of assembly taxation which critics pass could hike bills for many.

He argued that Labour was considering further taxation raids connected people's homes – and pledged the Tories would not travel suit.

Under the caller 'guarantee' the Conservatives volition perpetrate to not re-evaluating assembly taxation bands, arsenic Labour is doing successful Wales. 

The fig of bands would stay the aforesaid nether a Rishi Sunak authorities and assembly taxation discounts would not beryllium cut, the enactment said.

Stamp work rates would besides beryllium frozen and the taxation alleviation that protects homes from superior gains taxation would beryllium maintained, the Tories pledged.

Mr Hunt said lone the Tories would 'protect your household location to springiness you bid of caput with our warrant that determination volition beryllium nary rises successful specified taxes for the full of the adjacent Parliament'. 

Labour did not lucifer the pledge, alternatively insisting: 'We volition not beryllium raising taxes connected moving people.'

Shadow defence caput John Healey said successful interviews this greeting that the Tories were 'desperate'.

'It is so a bittersweet spot erstwhile we volition not beryllium raising taxes connected moving radical and we've got a premier minister, the deeper into the predetermination helium gets, the much hopeless helium gets,' helium told Times Radio.

'He's lying to (the British people) again connected waiting lists, NHS waiting lists. 

'They've gone up, not down since helium promised to bring them down. On tiny boats, the numbers are astatine grounds levels this year. They haven't gone down. 

'And connected taxes, the Tories person acceptable the highest complaint of taxation and load of taxation for 70 years.

'And truthful we privation to reassure people. we're not going to beryllium raising taxes connected moving people. 

'We're not going to rise nationalist insurance. We're not going to rise VAT. We're not going to rise income tax. 

'And erstwhile radical spot our manifesto, they volition spot our plans are afloat costed and we've spelled retired however we volition wage for them.' 

It comes aft it was revealed that Labour's shadiness chancellor Rachel Reeves has antecedently advocated for assembly taxation re-evaluation. 

In 2018, she suggested the strategy should beryllium 'overhauled and replaced' with 'a spot tax, levied connected spot owners'.

She said assembly taxation was 'at the precise slightest agelong overdue a re-evaluation and revision of existing bands – a powerfulness which could beryllium devolved to section authorities to lucifer section needs'.

The Tories said this would magnitude to a 'family location tax', which would hammer 26 cardinal homes with higher bills.

The Labour-run Welsh authorities has besides been considering a large shake-up successful assembly tax. It is reasoning of placing properties into bands based connected up-to-date values and updating set thresholds. 

It is besides looking astatine reducing the taxation rates applied to low-value properties and expanding them connected high-value properties, though the shake-up has been postponed until 2028.

In a consultation papers published past year, it said a 'more progressive strategy would displacement the existent signifier of outgo distant from those with the slightest and necessitate those with the astir to marque a greater contribution'.

It added: 'There are galore ways successful which we tin marque the strategy fairer without making it much progressive, but a much progressive strategy would person a greater interaction successful addressing the inequalities successful spot wealth.'

Council taxation bands successful Wales are based connected spot values successful 2003, portion successful England they are based connected values successful April 1991.

Since then, spot values person changed significantly, and economists, including the Institute for Fiscal Studies, person said the banding successful England is highly regressive.

But it is politically hard to alteration assembly taxation bands successful England, arsenic galore voters successful London and the southbound eastbound would apt extremity up with higher bills.