(Part 2 of a 3 part blog series)

The Lib Dem’s were the second party to reveal their manifesto last week, ahead of the snap election on the 8th June.

The early bird catches the worm… But the second mouse gets the cheese…

This time, the theme was to provide voters with an ‘’opportunity to change Britain’s future – by changing the opposition’’ and they didn’t hold back on dissing our current Prime Minister.

The B Word was thrown all over the shop.

Brexit.
A second referendum to be held on the Brexit deal was the highlight point for the Lib Dems.

Income Tax

A 1% increase is to be introduced which would not just effect the high earners. It would be imposed on basic, higher and additional tax payers in the hope to raise £6bn for the NHS and social care services.
This will affect 30 million of us… Nothing like a soft touch, eh?!

Things are due to get better as time goes on though… Like a good bottle of whiskey… Their long term ambition is to raise national insurance threshold in line with income tax.

They also plan to reduce the inheritance tax threshold.

Corporation Tax

Now being in business can have its stresses, but the Lib Dems are taking increased taxes out of it.

They have promised to restore the 20% (current rate) corporation tax.

And that’s not all… the corporation tax crackdown is having a whole new reshuffle. Liabilities will not just be based on profits – turnover will also be considered, ensuring the big multinationals cannot avoid paying tax! *Cough* Amazon *Cough*

A pattern seems to be forming as it has been said that an General Anti Avoidance Rule would be ‘introduced’ (i’m fairly sure one currently exists but it must be getting a revamp) where HMRC will be set targets. It’ll feel like the grim reaper is lurking on every corner.

Talking of which, they are yet to reveal their stance on Making Tax Digital.

Extra Points worth noting.

Ban the sale of diesel cars and small vans by 2025.
End the 1% public pay cap
Invest nearly £7bn extra in education
Reinstate university grants for the poorest students
Levy up to 200% council tax on second homes
Increase maximum sentence for animal cruelty from six months to five years and a ban on caged hens, that if they don’t ‘Chicken’ out?! Ey, Ey, Ey!

BUT, again, stay patient with me… There is one Manifesto left and it’s the current leading party. Who knows what is coming?

PS – just because it’s fun, here are four ‘fun’ facts about the party leader;

Tim Farron

His karaoke song of choice is The Waterboy’s ‘The whole of the moon’
He is a vegetarian.
He supports Blackburn Rovers.
He always wears Dr Martins