UKIP will cut taxes for all

UKIP will fight next year’s election with a promise to cut taxes for both the richest and the poorest as part of a “blue-collar platform” for aspiration, according to Tim Aker, head of the party’s policy unit.UKIP’s 2015 manifesto will promise to increase the 40p tax threshold from the current £41,865 to £45,000 and abolish the 45p rate for those earning £150,000 or more.”We are for flatter, simpler and lower taxes,” Mr Aker told Prospect magazine.

Source:   The Times

It’s easy to say that UKIP’s policies are irrelevant because they aren’t going to be in a position to implement them, but that’s simplistic.  UKIP’s “simple bloke” anti-political message has a visceral attraction for an increasing section of the population (such as the supporter whom we highlighted in a blog post earlier this year) and is bound to influence the policies of the bigger parties.  And in the field of tax, at least, that may be no bad thing.

NICOLA HALL

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In 2022, Sam won the Taxation’s Rising Star award at the Taxation Awards in and was named in the Accountancy Age 35 Under 35.

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