Emergency Budget: Corporation tax will drop to 24% by 2014
Corporation tax will drop to "the lowest this country has ever known.”
Corporation tax will drop to "the lowest this country has ever known.”
Corporation tax will reach as low as 24% by 2014 Chancellor George Osborne
has announced in his budget speech.
Osborne said he wants to bring corporation tax to “the lowest this country
has ever known.”
He said consecutive 1% decreases will bring the corporation tax rate to 24%
by 2014.
He said the drop in corporation tax will help attract international business
and make the UK more competitive.
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