'Businesses hurt' by Hunt tax hikes

The Sun reports on latest CPS research urging the Chancellor to act before planned tax rises make Britain less competitive.

‘Does Britain mean Business?’ proposes that next week’s Budget include full expensing, with CPS Director and report co-author Robert Colvile saying “We believe increasing corporation tax is a big mistake. But introducing full expensing as a replacement for the expiring super-deduction would at least compensate for its effects and persuade businesses to help deliver the growth we so desperately need.”

Read the article here.

Date Added: Friday 10th March 2023