With the UK election into manifesto week all the main parties are making promises over tax and spend. Taxes will go up, but somehow in a way that won’t hurt the target voters, just other people. Spending also goes up, but as long as it is called key investment or ring fenced that somehow makes raising the money painless. To be fair to the main parties their election promises are just advertising slogans, a lure to hook people in, but not to be taken seriously. It will only be after the new government is formed and putting together the first Finance Bill of the new Parliament that the country will have any real idea of what they will actually do.
Tax Barrister, Accountant