Politicians Find Hung Parliament Taxing
ACCA looks at how parties’ tax policies will end up post-election Launched to much fanfare over the past month, the parties’ carefully crafted manifesto and policy pledges now face being dropped or changed as politicians seek compromise in light of a hung parliament. With the Conservatives and Liberal Democrats most likely to do a deal, ACCA (the Association of Chartered Certified Accountants) takes a look at the tax policies that may, or may not, make it. Conservative policies Policy Conservative position Liberal Democrat position Agreement? IHT – Raising the IHT threshold to £1m One of the early flagship tax policies of David Cameron’s Conservatives – very popular with the grassroots Attacked by Nick Clegg during the campaign as a tax cut for millionai... »
