USA General Election 2024: Comparison table of party tax policies
With numerous manifestos launched over the last few weeks, we have summarised some of the key tax policies intended to provide an overview of where support sits for specific policies over different parties.
This table does not include all tax policies, and focuses on rates, thresholds, allowances and reliefs, rather than wider commentary. We have included parties currently above 5% in the polls. We have also indicated what policies would be supported by the main parties who accept seats in Westminster campaigning in Scotland, Wales and Northern Ireland.
We have colour coded the table to indicate roughly whether a measure would be a tax cut, rise, or commitment not to change.
You can find more detail on all the policies included in the articles on our election hub, which cover each party’s tax policies in detail.
By necessity, this briefing can only provide a short overview and it is essential to seek professional advice before applying the contents of this article. This briefing does not constitute advice nor a recommendation relating to the acquisition or disposal of investments. No responsibility can be taken for any loss arising from action taken or refrained from on the basis of this publication.
Tax legislation
Tax legislation is that prevailing at the time, is subject to change without notice and depends on individual circumstances. You should always seek appropriate tax advice before making decisions. HMRC Tax Year 2023/24.
