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

Related Articles

Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

Corporate Tax Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

2m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

2m Emma Rawson, ATT Technical Officer
EU divided over radical tax reforms targeting tech giants

Corporate Tax EU divided over radical tax reforms targeting tech giants

2m Alia Shoaib, Reporter
‘Improve rather than lose’ disincorporation relief, tax body urges

Administration ‘Improve rather than lose’ disincorporation relief, tax body urges

2m Austin Clark, Reporter
How to educate your clients about tax avoidance

Corporate Tax How to educate your clients about tax avoidance

2m Clear Books | Sponsored
CGT clampdown nets HMRC £124m – but could lead to increase in use of avoidance schemes

Corporate Tax CGT clampdown nets HMRC £124m – but could lead to increase in use of avoidance schemes

3m Austin Clark, Reporter
‘Google tax’ nets HMRC £281m

Corporate Tax ‘Google tax’ nets HMRC £281m

3m Emma Smith, Managing Editor
Should I incorporate my buy-to-let business?

Corporate Tax Should I incorporate my buy-to-let business?

4m Emma Rawson