With the 12 December general election fast approaching, our Tax and Wealth Planning team has put together a briefing. This contains guidance on what the outcome of a General Election may mean in terms of tax and includes possible tax changes and planning steps. As all parties are looking at increasing public spending there is real interest in the tax measures announced and what might be introduced by the party (or parties) that lead the next government.
We have covered the Conservative, Labour and Liberal Democrat manifestos and focussed only on taxes directly affecting individuals. Please note, however, that the next government could introduce additional tax measures not mentioned here or indeed decide against introducing announced manifesto pledges.
Please click here to see the briefing.