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Britain in the Dark Over Party Tax Policies Says ACCA - ACCA survey reveals tax is central issue for voters but 83 per cent have little or no understanding of the main parties’ taxation policies
Britain in the Dark Over Party Tax Policies Says ACCA

 

NewswireToday - /newswire/ - London, United Kingdom, 2010/04/23 - ACCA survey reveals tax is central issue for voters but 83 per cent have little or no understanding of the main parties’ taxation policies.

   
 
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43 per cent of UK citizens say tax will be the biggest influence over their voting decision at the forthcoming general election, but more than 80 percent feel they have little or practically no understanding of the main political parties’ tax policies. These are the key findings of a recent survey conducted by ACCA (the Association of Chartered Certified Accountants) of 2047 people from across the UK, in association with Maximiles UK.

32 per cent of respondents said they had almost no understanding of the Liberal Democrat’s policy on tax. 26 per cent said they had a complete understanding of Labour’s approach to tax compared with 21 per cent for the Conservatives.

Glenn Collins, Head of Advisory Services for ACCA UK, said: “With just under two weeks until the General Election, it is alarming that the UK electorate still feels so unsure of the main political parties’ policies towards tax. There is an urgent need for clarity, transparency and certainty in the UK taxation system and in party policy to ensure that we go to the polls educated about the impact of our vote on the future of the UK economy.”

Council tax proved to be the UK’s least popular tax, with 30 per cent of respondents claiming it to be the tax they most resent paying, closely followed by inheritance tax with 21 per cent of the vote. Only 17 percent of respondents understood exactly where their tax money went and only 21 per cent would consider paying more tax for improved public services.

In Wales, only 7 per cent of respondents felt that they completely understood Plaid Cymru’s approach to tax while 19 per cent of Scottish respondents felt they fully grasped the taxation policy of the SNP.

 
 
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Britain in the Dark Over Party Tax Policies Says ACCA

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