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.
The UK consumers “may not benefit” from the European Commission’s proposals on e-books
Companies must report on their complex financial structures including offshore accounts and notify HMRC
Andrew Tyrie suggests there will not be enough time to implement Making Tax Digital (MTD) by April 2018
Colin's take on the chancellor's £27bn cushion fund for rainy days ahead, announced in the Autumn Statement