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Election 2015: talking taxes

Keep a close on eye on the major parties stance towards tax in their upcoming manifestos, as tax has never been a more heated political battleground as it is now, says Lucy Brennan

18 November 2014

Keep a close on eye on the major parties stance towards tax in their upcoming manifestos, as tax has never been a more heated political battleground as it is now, says Lucy Brennan

With a general election due next year, we can expect a lot of focus from all political parties on their future tax policies. These will naturally come through party manifestos but having recently had the party conferences for the Conservative, Labour and Liberal Democrat parties, we do have some indication of what is to come.

Both the Conservatives and the Liberal Democrats have already announced that they would like to see the income tax personal allowance increased to £12,500 by 2020. The Liberal Democrats also announced that they plan to start this by increasing the allowance to £11,000 ...

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