UK Election Manifestos – what will they mean for tax and education?
In this episode, specialists Gilly McGill, Giles Kerkham and Dominic Carter dive into the latest election manifestos from the main UK political parties, exploring their key proposals and common ground in relation to tax and funding.
VAT Director, Gilly, and Tax Partner, Dominic, explore the fiscal strategies of the parties, highlighting their promises not to raise income tax, corporation tax, VAT, or national insurance contributions. Instead, they plan to increase revenue by addressing the tax gap and tackling tax avoidance, and abolishing the current regime for non-domiciled individuals, and Gilly is thrilled that VAT is finally in the headlines!
As Not for Profit and Education Partner, Giles discusses the voluntary sector's need for stability, government consultation, and access to multi-year sustainable settlements.
They also discuss education, where the parties present robust programs. The Conservatives focus on expanding Academy trusts and safeguarding independent and grammar schools. Meanwhile, Labour aims to recruit more teachers and provide free breakfast clubs, with both parties acknowledging the importance of special educational needs (SEN) support. Funding remains a crucial topic, with Labour proposing VAT on independent school fees.
Join us for an insightful discussion on the election manifestos currently shaping the future of the UK.
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