Cutting the headline rate of corporation tax has led to stronger economic growth and higher profitability for companies across the UK, with corporation tax receipts increasing by 28% since 2011/12, according to the Centre for Policy Studies (CPS).
Cutting the headline rate of corporation tax has led to stronger economic growth and higher profitability for companies across the UK, with corporation tax receipts increasing by 28% since 2011/12, according to the Centre for Policy Studies (CPS). Research published by the CPS suggests that the Labour party’s pledge to reverse the government’s planned 17% corporation tax rate in 2020 and increase it to 21.5% would raise, at most, between £3.7 and £5 billion in the long term, falling short of Labour’s aim of funding £15 billion in spending.
The research paper, ‘The case for corporation tax cuts’, is published by the Centre for Policy Studies at http://bit.ly/2mzrcZj.
Cutting the headline rate of corporation tax has led to stronger economic growth and higher profitability for companies across the UK, with corporation tax receipts increasing by 28% since 2011/12, according to the Centre for Policy Studies (CPS).
Cutting the headline rate of corporation tax has led to stronger economic growth and higher profitability for companies across the UK, with corporation tax receipts increasing by 28% since 2011/12, according to the Centre for Policy Studies (CPS). Research published by the CPS suggests that the Labour party’s pledge to reverse the government’s planned 17% corporation tax rate in 2020 and increase it to 21.5% would raise, at most, between £3.7 and £5 billion in the long term, falling short of Labour’s aim of funding £15 billion in spending.
The research paper, ‘The case for corporation tax cuts’, is published by the Centre for Policy Studies at http://bit.ly/2mzrcZj.
