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ARTICLE · 17 DECEMBER 2019

Conservative Election Win – What Now?

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The Conservatives have just achieved their best electoral performance in several decades, securing a considerable majority in Parliament which will pave the way to delivering their manifesto ...

United KingdomGovernment, Public Sector

The Conservatives have just achieved their best electoral performance in several decades, securing a considerable majority in Parliament which will pave the way to delivering their manifesto commitments. While the commentators and the psephologists bicker about what this result 'means' (whether it is anti-Corbyn or pro-Brexit or something else), many will be asking the more practical questions about how to look forward and plan in the light of the Conservatives' manifesto promises.

Tax rates

As covered by our previous article on the Conservatives' election manifesto, many tax rates will not change. Income tax, VAT and National Insurance ('NI') rates will be frozen. Furthermore, it has been promised that the NI threshold will be raised next year to £9,500, leading to a modest saving of around £100 for affected taxpayers.

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