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Low-tax economy promised by Cameron

11/09/2007  09:55:56

 


 

David Cameron, leader of the Conservatives, has promised that if elected to government his party would deliver a low tax economy.

Speaking earlier this week at the London School of Economics, Mr Cameron said the traditional Conservative policies of reducing taxes remained a priority, reports the Guardian.

Companies tax planning and tax mitigation measures could be affected should the Conservative government introduce these changes.

Mr Cameron told attendees: "As George Osborne has set out, we will match Labours spending totals and by growing the economy more quickly than public spending over an economic cycle, we will deliver a lower-tax economy over time."

This week, Google partnered with IT service supplier Capgemini to collaborate on its Google Apps program. The move could see HM Revenue & Customs (HMRC), which uses Capgemini services, utilising the Google Apps program for its tax billing purposes, reports the Times.

At present, Capgemini manages almost 300,000 desktops across the UK and it handles 110,000 computers at HMRC.

Mr Cameron continued his speech by explaining that there was a place for green taxes if used appropriately.

He said: "By using green taxes as stealth taxes, Gordon Brown has given them a bad name.

"Any green taxes will be replacement taxes. We will raise green taxes but we will use all the proceeds to reduce other taxes elsewhere, delivering green growth."

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