AdSlot1

Emergency Budget: Corporation tax will drop to 24% by 2014

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.

Related reading

/IMG/715/319715/rsm-new-logo
/IMG/106/246106/tax-erase-remove-lower
/IMG/427/118427/andrew-tyrie-mp
cta-the-autumn-statement-2016