TaxCorporate TaxCBI demands competitive business tax regime

CBI demands competitive business tax regime

Urgent action is needed to establish a competitive regime for business taxes, warns the CBI

The UK’s leading business lobby group has demanded the next government
establish a competitive business tax regime to spur on the UK’s tentative
recovery.

The
CBI made the call
in repeating 12 priorities it would like to see addressed
by an incoming government during the first 100 days of the new administration.

The priorities were first unveiled last year in its “New
Government in Action: The Business Agenda”
paper.

Richard Lambert, CBI Director-General, said the priority for the next
government must be a credible plan for restoring the public finances and
supporting economic growth.

“Other areas for urgent action include establishing a competitive regime for
business taxes so that companies can drive the recovery forward, as well as
minimising the scarring effects of youth unemployment.

“We believe that focusing on these priorities will help create the right
conditions for job-creation and economic stability,” Lambert added.

Further reading:

Download
the CBI’s New Government in Action: The Business Agenda
paper here.

Related Articles

Watch out when winding up

Corporate Tax Watch out when winding up

1m Emma Rawson, ATT Technical Officer
How might Brexit affect UK tax policy?

Brexit & Economy How might Brexit affect UK tax policy?

1m Santhie Goundar
Corporation tax losses – your newly flexible friends

Corporate Tax Corporation tax losses – your newly flexible friends

3m Emma Rawson, ATT Technical Officer
HMRC large business tax enquiry duration rises to 3 years

Corporate Tax HMRC large business tax enquiry duration rises to 3 years

4m Emma Smith, Managing Editor
SMEs paying higher rate of corporation tax than big businesses

Corporate Tax SMEs paying higher rate of corporation tax than big businesses

4m Alia Shoaib, Reporter
Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

Corporate Tax Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

7m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

7m Emma Rawson, ATT Technical Officer
EU divided over radical tax reforms targeting tech giants

Corporate Tax EU divided over radical tax reforms targeting tech giants

8m Alia Shoaib, Reporter