Jeremy Hunt's corporation tax hike 'would make Britain a far worse place to do business', top think tank warns

New CPS report ‘Does Britain mean Business?’ urging the Chancellor to consider full expensing to soften the blow of planned corporation tax cuts has featured on page 2 of today’s Daily Mail.

The report found raising the corporation tax rate could cause the UK’s GDP to be 1.2% lower than if the rate remained at 19%, something the Daily Mail calculates could cost over £30bn.

Read the article here.

Date Added: Friday 10th March 2023