UK coalition government walking a two-year tax tightrope

Last week marked the halfway point of the UK coalition government. We asked AAT tax expert, Michael Steed MAAT, what the threats to its revenues are up to the next General Election in 2015

It has been two and a half years marred by tax avoidance stories, personal tax furores and odd taxes on hot foods. In short, it’s not been plain sailing for the UK’s coalition government.

As Public Finance editor, Mike Thatcher, argued here on AAT Comment in October, it’s not looking good at half time, with its over-arching aim of deficit reduction on shaky ground. And only last week David Cameron and Ed Miliband clashed over a government dossier detailing progress on hundreds of pledges made by the coalition in 2010.

But what are the big threats over the second half of its term up to a May 2015 General Election? We asked tax expert Michael Steed MAAT for his thoughts:

You can watch more videos of Michael discussing issues such as Real Time Information, changes to the Child Benefit Tax Charge and the Budget 2013 on the dedicated YouTube channel.

 

Steven Perryman is AAT Comment's former Content Editor.

Related articles