The Liberal Democrat leader, shortly after the Chancellor made his speech to the Commons, claimed cutting ties with the European Union’s single market is the reason behind the funding crisis in education, social care and the NHS.
The Chancellor announced self-employed workers paying the main rate of class 4 National Insurance contributions will see an increase by one per cent to 10 per cent in April 2018 and 11 per cent in April 2019, raising £145 million a year by 2021/22 at an average cost of 60p a week to those affected.
Speaking to the BBC, Mr Farron said: “I think the obvious thing from this budget is you cannot have a well-funded health service, social care, education or, indeed, solve the problem the WASPI women are complaining about today, with a ‘hard’ Brexit.
Tim Farron said tax increases were due to Brexit
“You choose to leave the single market and the customs union, which was no on the ballot paper, then there is a cost. That cost is £100 billion extra borrowing and a £60bn war chest to pay for the lack of the loss of trade and the income of tax receipts relating to a ‘hard’ Brexit.
“It is right for us to point that out, we think today, if you look on the attack on business, in particular, and the sticking plaster, if that, of the relief offered to people hit by business rates increases, is nothing at all.
“And if you look at the impact of National Insurance contributions rises on self-employed people, that is immense.”
Throughout his first-ever Budget announcement laid the foundation for a “stronger, fairer, better Britain” outside of the EU as he sets out his tax and spending changes.
Ahead of the upcoming Brexit negotiations, Mr Hammond says he is “building the foundations of a stronger, fairer, more global Britain”, adding Britain will “embark on this next chapter in our history confident in our strengths”.
However, as the UK prepared for its EU divorce, Mr Hammond said there “was no room for complacency”, and that the UK’s deficit was still high and productivity “stubbornly low”.
Responding in the Commons to Mr Hammond, Jeremy Corbyn said the Budget ignored the “crisis facing our public services and the reality of daily life for millions of people in this country”.
The Labour leader accused the Government of “cutting living standards for the many and raising taxes for the few, and calculated there would be a £70bn tax giveaway for “those who need it the least”.
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The Liberal Democrats said the social care announcement “gives sticking plasters a bad name”
“It is a woefully inadequate response to the impossible pressure the NHS and care services are under,” Norman Lamb, the party’s health spokesman said.
Find out what the BUDGET means for YOU Wed, March 8, 2017
Budget 2017: Philip Hammond hailed Britain’s booming Brexit economy today as he delivered his first Budget of the year
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Mr Hammond says he is 'building the foundations of a stronger, fairer, more global Britain'