Rishi Sunak will squeeze benefits to help scrap national insurance as part of his election offer to voters.
The Prime Minister said he wants to make "significant progress" towards eliminating the tax during the next parliament if his party remains in power for a comeback fifth consecutive election victory.Mr Sunak set out his intention to consult on new plans to reduce working-age benefits "to make sure that we can sustainably keep cutting taxes" in an interview with The Sunday Times.
But Mr Sunak said: "We've cut NICs by a third in two events over six months. So that demonstrates we are delivering and we can go further, though it's important that we stick to the plan and then we can make significant progress towards that goal in the next parliament."A key to funding this pledge could be cutting the welfare bill, which is set to rise from £261.5 billion in 2022-23 to £360.1 billion in 2028-29 according to the Office for Budget Responsibility.
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