A major political row has broken out after the Tories seized on Treasury documents to claim that Labour were planning a bombshell rise in income tax of three per cent if they won the next general election, the Daily Telegraph reports.

The Treasury figures — marked “confidential” — disclosed a big rise in projected income tax receipts between now and 2011-12, as well as in subsequent years. They led the Tories to accuse ministers of “factoring in” an immediate rise in income tax if Labour were returned to power.

Further rises could lead to the amount taken through the tax increasing by almost a third by 2013-14, the Tories said. They said the rise in receipts could not be accounted for by people returning to work and the introduction of the new 50% top-rate tax on earnings of more than £150,000 a year.

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