Britons 'do not trust politicians over tax'

Most Britons do not trust what politicians have to say about tax, a new survey has revealed. The Financial Times reported on a survey by the Association of Chartered Certified Accountants (ACCA) that revealed only six per cent of households earning under £20,000 trusted politicians on tax, while even among those earning over £120,000 fewer than three out of ten believed they could rely on what they were told.

Head of taxation at ACCA Chas Roy-Chowdhury said wealthier people, because they work more with the tax authorities, do trust them a bit more. He commented: "The more people try and unravel the way politicians work and interact with the tax regime, the more they are willing to understand and accept some of the decisions."

The keeping of promises on tax has been a big issue already this year, with Philip Hammond dropping Budget proposals to raise the level of type 4 national insurance (NI)? for the self-employed, following a pledge in the 2015 Conservative manifesto not? to? raise NI.