The decision to call a snap General election on 8th June caught many of us by surprise. The various political parties have been rushing out their manifestos making all sorts of promises if elected. These documents are becoming increasingly important. Bringing in measures contrary to a manifesto, like the increase in Class 4 National Insurance Contributions (NICs) from 9% to 10% can result in embarrassing U-turns!
The opinion polls suggest a significant Conservative Party majority so can we ignore the tax announcements by the other parties? Well the polls were wrong in 2015 and the Brexit referendum, and no-one expected Donald Trump would be elected President.