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Labour: Coalition VAT hike has cost families £1,300

The coalition's VAT hike has cost the average family more than £1,300 over the past three years, Labour has claimed

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Vat hike has cost pensioner couples £825, say Labour

For pensioner couples the increase caused by VAT going up to 20% is £825 while single parent families have paid an extra £625, according to Labour.

David Cameron claims he is helping ordinary families, but his figures always omit the big rise in VAT three years ago. He gives with one hand, but takes away much more with the other.

The truth is that the only people who have got big a tax cut under this Government are those earning over £150,000.

And while everyone else faces a cost-of-living crisis, David Cameron wants to give the richest 1% another big tax cut. He's totally out of touch.

– Shadow treasury minister Shabana Mahmood

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