TaxCorporate TaxTories plan corporate and personal tax cuts

Tories plan corporate and personal tax cuts

Shadow chancellor plans business and personal tax cuts to follow IHT and non-dom reforms

Cuts to personal and corporate taxes have been promised by Tory shadow
chancellor George Osborne, who yesterday pledged to add the cuts to earlier
guarantees of changes to IHT and non-doms.

The Times reports that Tories will place the cuts at the centre of
any Autumn election campaign.

The party says personal tax cuts will be funded by revenue raised from green
and environmental taxes. The business tax package will see cuts funded by cost
savings from simplifying the system.

The proposed cuts come as the chances of an early election and pre-Budget
report look ever more likely.

Further reading:

Tories look to hit non-doms on tax

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