The Reform Party would increase the 40p tax threshold to £70,000, according to draft manifesto which could see seven million people paying no income tax at all. Richard Tice has unveiled plans to reverse the Prime Minister’s stealth tax and slash both stamp duty and inheritance tax. The draft manifesto piles pressure on the Chancellor to go further with tax cuts in the spring Budget. Tice says his party will also reduce corporation tax and calls for tax relief to encourage private education and health care. As the March 6 Budget approaches, the Tory Party are scrambling for tax cuts. However, …
