Corporation Tax Cuts

Published / Last Updated on 18/05/2010

Corporation Tax Cuts Expected

by Ashley Clark, Director

The Chancellor George Osborne has said that the coalition Government would use the emergency budget on the 22 June to simplify and lower corporate rates of tax.  His main aim is to reverse changes that he believes has taken business away from the UK and to overseas.

The expected changes are from 21% to 20% for small businesses and from 28% to 25% for larger businesses.

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