Accountancy Age, Accountancy Age, Monday 10 May 2010 at 16:36:00

Sticking points remain between Lib Dems and Tories on tax education andvoting reform

A statement from the Liberal Democrats reveals the party is still seekingclarification on fairer taxes, voting reform and education.

The news came in a statement from David Laws, an MP who is part of the LibDem team talking to the Conservative party.

The two parties met for three hours today but it also emerged that the LibDem negotiating team has also been speaking to Labour party representatives.

Commentators have expressed "surprise" that the Lib Dems and the Tories hadnot apparently made as much progress in their talks as many believed.

The Lib Dems want to increase the income tax personal allowance but it isunderstood about how it might be paid for. The Lib Dems intended to cover thecost with a mansion tax but it seems unlikely that the Tory party would acceptthat.

Read more:

Blog- Tax and the election horse trading