TaxCorporate TaxCameron lays down tax gauntlet to Brown

Cameron lays down tax gauntlet to Brown

Tory leader renews calls for sweeping changes to be made to the UK's tax framework at the Institute of Directors' Annual Convention

David Cameron has laid down the gauntlet to Gordon Brown on tax at a high-
profile summit meeting.

Cameron called for the Prime Minister to make sweeping changes to be made to
the current framework including a cut to the main rate of corporation tax to
25p.

The Tory leader, who is working closely with PricewaterhouseCoopers and Grant
Thornton to hammer out a tax simplification plan for British businesses, issued
the challenge at the Institue of Directors Annual Convention yesterday.

His comments came after Gordon Brown had addressed the 3,000 strong crowd at
the Royal Albert Hall where he hinted that the corporate tax burden could be
eased in the future, offering a ‘commitment that when possible, we will cut
tax’.

Further reading:

Treasury
urged to revisit foreign profits

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