Minister says Tories will pay for pensions policy by clamping down on tax avoidance

5 months ago 31

Mel Stride says pensioners will pay more income tax under Labour as critics say plan is merely reversal of previous Tory policy

The work and pensions secretary has said Labour will drag millions of older people into paying income tax while the Conservatives can “comfortably” raise the money for their proposed cuts for pensioners by clamping down on tax avoidance.

Under the Conservatives’ “triple lock plus” proposal , “millions of pensioners will get tax cuts worth hundreds of pounds over the next parliament”, Mel Stride told BBC Radio 4’s Today programme.

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