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The Chancellor said he will make the changes laid out in the Conservative Party’s manifesto, including spending cuts and reforms to welfare and pensions. Key measures are likely to include laws to prevent rises in income tax, VAT and National Insurance.
The Conservatives have already pledged to raise the inheritance tax threshold on homes to £1 million by 2017. There could also be more information about how the Government plans to raise the tax-free personal allowance and increase the higher-rate tax threshold.
The manifesto theme of 'one nation' is likely to continue supported by a claim to help 'working people'.
The Treasury will not provide specific details in advance but 'tackling tax avoidance' is likely to be on the agenda.
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Susie Hughes © Shout99 2015
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