This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.
You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/uk_politics/7409664.stm
The article has changed 5 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| Clegg to outline tax policy shift | Clegg to outline tax policy shift |
| (about 6 hours later) | |
| Liberal Democrat leader Nick Clegg is expected to mark a party policy shift by signalling his intention to cut tax for low and middle income families. | Liberal Democrat leader Nick Clegg is expected to mark a party policy shift by signalling his intention to cut tax for low and middle income families. |
| In a speech in London, it is thought he will explain plans to crack down on tax avoidance and reform capital gains and pension tax relief. | In a speech in London, it is thought he will explain plans to crack down on tax avoidance and reform capital gains and pension tax relief. |
| The party leader is set to say he would tighten loopholes that enable people to conduct this practice. | The party leader is set to say he would tighten loopholes that enable people to conduct this practice. |
| Mr Clegg has accused the government of acting unpredictably on tax issues. | Mr Clegg has accused the government of acting unpredictably on tax issues. |
| He is expected to say he will tighten loopholes that enable individuals and firms to do businesses in the UK but keep their wealth in off-shore trusts. | He is expected to say he will tighten loopholes that enable individuals and firms to do businesses in the UK but keep their wealth in off-shore trusts. |
| And the Lib Dem leader is set to say he would limit relief on pensions for higher rate taxpayers. | And the Lib Dem leader is set to say he would limit relief on pensions for higher rate taxpayers. |
| BBC Political Correspondent Laura Kuenssberg said: "Reducing revenue has not traditionally been top of the list for Liberal Democrats. | BBC Political Correspondent Laura Kuenssberg said: "Reducing revenue has not traditionally been top of the list for Liberal Democrats. |
| "These plans are another clear sign that, in a harsher economic climate, the debate on tax is shifting." | "These plans are another clear sign that, in a harsher economic climate, the debate on tax is shifting." |
| At the Liberal Democrat spring conference in March he suggested that tax cuts should be on the agenda. | |
| The party is already committed to a 4p reduction in the basic rate of income tax. | |
| But in his speech Mr Clegg will say that the Lib Dems will "look in depth" at whether to go further. |