Contrary to Labour’s manifesto, the Conservative Party’s manifesto launched yesterday (24/11/2019) for the upcoming general election was “fairly light on announcements to tax.”

Indeed, the Conservatives have pledged a “Triple Tax Lock,” meaning there will be no increases to income tax, National Insurance and VAT.

“However, given the significant spending pledges, I would expect to see an indirect change to at least one of these taxes to deliver the much-needed revenue to the Treasury,”...