Ahead of the new Chancellor’s statement tomorrow, CPS Head of Tax Tom Clougherty sets out three key measures Kwasi Kwarteng could take to help boost growth.
Writing for CapX, he argues that tackling capital allowances would help fix the current “cliff edge” many businesses face, as well as suggesting the Chancellor should consider reforming stamp duty, exempting future investments in improving machinery and infrastructure from business rates, and supporting ordinary workers with growth-focused tax reforms.
Read the article here.
Date Added: Thursday 22nd September 2022
