Is Labour really going to raise taxes for millions of working people, as the Tories have claimed?

Toby Melville - WPA Pool/Getty Images
Toby Melville - WPA Pool/Getty Images

The Conservatives have accused Labour of planning to raise income tax on millions of low- to middle-income earners in order to fund care for the elderly.

The party's official press office Twitter account posted a message on Monday night, saying: “Jeremy Corbyn’s plan to pay for elderly care: increasing the basic rate of income tax to 25p for millions of working people."

The claim was made after a day in which the Conservatives came under pressure over Theresa May’s U-turn on her social care policy.

The Prime Minister was forced to clarify her plans after widespread criticism, including from within her own party, of a measure that has been dubbed the “dementia tax”. The policy would see elderly people forced to pay for their own care until they had £100,000 in assets left, at which point the state would cover the costs.

Ms May now says her government would consult on introducing a cap on the maximum amount someone can be forced to pay for his or her care.

She insisted that “nothing has changed”, despite Jeremy Hunt, the Health Secretary, having previously said the Government had considered and “explicitly” ruled out the idea of a maximum cap, claiming “we’re dropping it because we’ve looked at this proposal and we don’t think it’s fair.