TaxAssist Accountants
0800 0523 5550800 0523 555

Tories 'to unveil' taxation plans

Date: 29th December 2008

The Conservative Party is set to unveil a set of new taxation breaks for hard-pressed individuals and small businesses, according to a report.

Speaking to the Sunday Times newspaper, shadow chancellor George Osborne stated that he would be looking at national insurance reductions as a way of cutting expenses.

The newspaper also understood that the party's financial spokesman was considering abolishing the basic tax rate on savings and increasing allowances for those aged 65 years or over.

Mr Osborne told the Sunday Times: "I am not writing my 2010 budget now, but my priority is to try to reverse the increase in national insurance because it is a tax that affects the vast majority of people in Britain."

He claimed that national insurance was a tax "on jobs" at a time of widespread unemployment, leading to more people being put "under severe strain".

Elsewhere, the self-assessment tax return deadline is fast approaching for small businesses, and will fall on January 31st.



Related Articles

19th December 2008 - Tories hint at taxation cuts for savers
18th December 2008 - Number of road taxation evaders plummets
12th December 2008 - Busy time for accountants, says CIOT
12th December 2008 - Parking levy 'stealth taxation' for business start-ups
11th December 2008 - German government attacks VAT plan


0800 0523 555 TaxAssist Accountants Locations Map

Newsletter for Small Business

Join our newsletter and receive tax news every month suitable for small businesses.

Testimonials

View all »

Over the past 10 years we believed that if we wanted outstanding service we should use traditional large accountancy firms. Oh how wrong we had been! We had been charged high fees without any real value being added to the business.
DAVE THOMAS
Bluegrass Consultancy Ltd

Recommend to a Friend

Think that we can help someone you know? Use our recommend a friend service to tell them about us.

bookmark this page digg furl stumble delicious
© 2010 TaxAssist Accountants. All Rights Reserved. Crafted Media Ltd TaxAssist Accountants Buy Local Campaign TaxAssist Accountants Supports Round Table Childrens Wish