Mr Hunt said in his autumn statement on Thursday “we will be asking people who have more to contribute even more” and this “will be reflected in our council tax decisions”. The admission followed a question in the Commons from Labor MP Chris Bryant, who said schools and local authorities “are in real fear of going bust” due to rising energy bills and food inflation. Politics Live: Raab’s allies hit back at ‘mud’ He warned the chancellor not to “push through this council tax”, saying: “Many of the poorest areas of the country have the highest levels of need and the least number of people who can afford to make additional contributions, so this will be completely counter-productive and could the ratchet effect actually make local authorities even more unsustainable?’ But Mr Hunt replied: “I am listening to what the right honorable gentleman is saying and it will be a very difficult announcement on Thursday because we will be asking everyone to contribute more. “But we will ask people who have more to contribute even more. And that will be reflected in our council tax decisions and every other tax as well.” The warning prompted speaker Sir Lindsay Hoyle to joke: “You might want to save something for Thursday.” The government has not confirmed which measures will be in the autumn statement later this week – but there is a steady stream of measures reportedly being considered. This “pitch rolling” helps markets get an idea of ​​what’s coming down the road and avoids spooking traders. When Liz Truss and Kwasi Kwarteng made several surprise announcements in their mini-budget in September, it contributed to the financial chaos that led the Bank of England to step in to prevent pension funds collapsing. Use Chrome browser for more accessible video player 6:40 p.m. I will not apologize for “mistakes” Both the chancellor and prime minister have been clear that tax rises and spending cuts are likely to be announced on Thursday. Analysis released on Monday by independent think tank the Resolution Foundation found that Ms Truss’s mini-budget cost the UK £30bn, double the amount the Treasury says it should raise. One of the measures reportedly being considered is to give local authorities the power to raise council tax by more than 2.99% each year without a referendum in a bid to ease pressures on social care. This could put the party on a collision course with Tory MPs, as the Conservative manifesto promised “local people will continue to have the final say on council tax”. Under these rules, councils responsible for social care can increase bills by a maximum of 2.99% plus a 1% social care charge each year. According to the Daily Telegraph, the new cap could be 5%, which would see households in zone D pay up to £100 more. Read more: How could the Prime Minister and Chancellor reduce the £60bn ‘financial black hole’? Other decisions reportedly under consideration include keeping the National Insurance rise scrapped by Liz Truss, lowering the threshold for those paying the highest rate of income tax, getting rid of the triple lock on pensions and not increasing benefits under inflation. Mr Hunt is also expected to make the support plan for energy bills less generous from April, instead switching to more targeted measures to save the Treasury billions. Use Chrome browser for more accessible video player 2:50 “Taxes will rise for everyone” It is also considering raising the windfall tax on oil and gas giants from 25% to 35%, while extending the levy on electricity generators. No final decisions have been made. But earlier Prime Minister Rishi Sunak said “difficult decisions” were needed to “repair” the damage caused by his predecessor, although he refused to apologize for her mistakes. And on Sunday, Mr Hunt warned that “sacrifices” were needed across the board to get the economy back on track, telling Sky News: “We’re all going to pay a bit more tax, I’m afraid.”

title: “Jeremy Hunt Hints It Could Make It Easier For Local Authorities To Raise Council Tax Political News " ShowToc: true date: “2022-11-28” author: “Robert Elkins”

Mr Hunt said in his autumn statement on Thursday “we will be asking people who have more to contribute even more” and this “will be reflected in our council tax decisions”. The admission followed a question in the Commons from Labor MP Chris Bryant, who said schools and local authorities “are in real fear of going bust” due to rising energy bills and food inflation. Politics Live: Raab’s allies hit back at ‘mud’ He warned the chancellor not to “push through this council tax”, saying: “Many of the poorest areas of the country have the highest levels of need and the least number of people who can afford to make additional contributions, so this will be completely counter-productive and could the ratchet effect actually make local authorities even more unsustainable?’ But Mr Hunt replied: “I am listening to what the right honorable gentleman is saying and it will be a very difficult announcement on Thursday because we will be asking everyone to contribute more. “But we will ask people who have more to contribute even more. And that will be reflected in our council tax decisions and every other tax as well.” The warning prompted speaker Sir Lindsay Hoyle to joke: “You might want to save something for Thursday.” The government has not confirmed which measures will be in the autumn statement later this week – but there is a steady stream of measures reportedly being considered. This “pitch rolling” helps markets get an idea of ​​what’s coming down the road and avoids spooking traders. When Liz Truss and Kwasi Kwarteng made several surprise announcements in their mini-budget in September, it contributed to the financial chaos that led the Bank of England to step in to prevent pension funds collapsing. Use Chrome browser for more accessible video player 6:40 p.m. I will not apologize for “mistakes” Both the chancellor and prime minister have been clear that tax rises and spending cuts are likely to be announced on Thursday. Analysis released on Monday by independent think tank the Resolution Foundation found that Ms Truss’s mini-budget cost the UK £30bn, double the amount the Treasury says it should raise. One of the measures reportedly being considered is to give local authorities the power to raise council tax by more than 2.99% each year without a referendum in a bid to ease pressures on social care. This could put the party on a collision course with Tory MPs, as the Conservative manifesto promised “local people will continue to have the final say on council tax”. Under these rules, councils responsible for social care can increase bills by a maximum of 2.99% plus a 1% social care charge each year. According to the Daily Telegraph, the new cap could be 5%, which would see households in zone D pay up to £100 more. Read more: How could the Prime Minister and Chancellor reduce the £60bn ‘financial black hole’? Other decisions reportedly under consideration include keeping the National Insurance rise scrapped by Liz Truss, lowering the threshold for those paying the highest rate of income tax, getting rid of the triple lock on pensions and not increasing benefits under inflation. Mr Hunt is also expected to make the support plan for energy bills less generous from April, instead switching to more targeted measures to save the Treasury billions. Use Chrome browser for more accessible video player 2:50 “Taxes will rise for everyone” It is also considering raising the windfall tax on oil and gas giants from 25% to 35%, while extending the levy on electricity generators. No final decisions have been made. But earlier Prime Minister Rishi Sunak said “difficult decisions” were needed to “repair” the damage caused by his predecessor, although he refused to apologize for her mistakes. And on Sunday, Mr Hunt warned that “sacrifices” were needed across the board to get the economy back on track, telling Sky News: “We’re all going to pay a bit more tax, I’m afraid.”