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Press watch: ‘Civil aerospace seeks UK tax relief boost’

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‘The UK is at serious risk of failing to capitalise on the booming civil aerospace industry unless the government provides more tax relief to British companies involved in the sector, a leading trade body is warning.

‘The UK is at serious risk of failing to capitalise on the booming civil aerospace industry unless the government provides more tax relief to British companies involved in the sector, a leading trade body is warning. ADS, which represents the UK commercial aerospace and defence industries, urged ministers to introduce measures to enable British jet component makers to secure increased tax relief on research and investment – or risk see these companies take their work elsewhere in the world.’

Financial Times, 28 January 2014

Issue: 1202
Categories: News , Corporate taxes
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