15% Corporation Tax - good idea?

By : Administrator
Published 4th July 2016 |
Read latest comment - 4th July 2016

interesting to hear The Chancellors plan to reduce corp tax to 15% to reassure and encourage businesses to invest and be based in the UK.

kneejerk panic policy, or a good plan?

seems to be concerns about where shortfall in tax revenue would come from?


Steve Richardson
Gaffer of My Local Services
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Comments

The big corporations don't pay the 20% corporation tax as it is so I'm not sure a 5% decrease is going to encourage much action. Saying that, I think the decrease could help freelancers make the leap to a limited company and employing other people which is always a good thing.

Mitchel

LeftMedia


Thanks,
leftmedia

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