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%
He said the drop in corporation tax will help attract international business
and make the UK more competitive.
A senior MP has questioned the impact of HMRC’s decision to undertake yet another radical overhaul of its internal structure
The Apple Tax situation; Accountants replaced by robots; and The Accountancy Age Top 50+50; all discussed by head of editorial Kevin Reed
MARGOT JAMES MP has been handed responsibility for overseeing the accountancy profession as part of her brief as the new minister for ... read more