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.


Show notes


You can listen to Giles and Gilly discussing the implications of a Labour government on independent schools in more detail on a previous episode – click here to listen. (https://www.larking-gowen.co.uk/insig...)


For further information on today’s topic, and how we can help support you and your business on all tax related matters, click here.  (https://www.larking-gowen.co.uk/what-...)


 


You can get in touch with our presenters directly through the Our People (https://www.larking-gowen.co.uk/our-p...) section of our website here. (https://www.larking-gowen.co.uk/our-p...)


 


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This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.