Unpacking the latest developments in tax and regulation policy in a month where general election campaigning hits its stride.
What does the General Election mean for tax and regulation?
While the daily churn of policy development may slow during a General Election, the party manifestos provide plenty of food for thought for the CBI team.
They are not set in stone of course, and may change once a party is governing, but they do offer a good indication of the priorities for the upcoming administration, as well as an opportunity to assess the impact the CBI has had.
This year was no different and the CBI impact could be seen throughout the manifestos: all major parties recognised the need for fundamental reform of our broken business rates system, and both the Conservatives and Liberal Democrats recognised the importance of the R&D tax credit in spurring private investment and pledged the increase in scope. This was a cornerstone recommendation in our report, Untapped Investment, published over the summer.
But there were also challenging announcements for busine