Theresa May promises no increase in VAT, hints at other tax rises

Says, she will not make 'specific proposals' before vote on raising income tax, VAT or insurance

UK Prime Minister Theresa May pledged there will be no increase in Value Added Tax after the June 8 general election, but suggested she will ditch her Conservative Party’s promise not to raise other taxes when it publishes its programme for government.

Asked if she will stick to a pledge not to raise income tax, VAT or national insurance — made by her predecessor David Cameron before he was elected in 2015 — May said she will not make “specific proposals” before the vote. Chancellor of the Exchequer Philip Hammond said on April 21 that he had been “constrained” by