Chancellor Sajid Javid has said he wants simplify the tax system ahead of his Budget in the autumn.
In his first interview since becoming Chancellor, Mr Javid told the Times he was a “low tax guy” but said it was important to “always be thinking about the lowest paid”.
He added that maximising revenue “doesn’t always mean that you have to have the highest tax rate possible”.
The chancellor also said he was considering changes to stamp duty.
When asked about taxes for higher earners, the chancellor said people would have to wait for the Budget.
“I think taxes should be efficient,” he said.
“Generally I want to see lower taxes, but at a level that is going to pay for the public services.”
Mr Javid said