View the article online at http://citywire.co.uk/new-model-adviser/article/a640128
Autumn Statement: Gov't announces 1% corporation tax cut in 2014
by Rachael Revesz on Dec 05, 2012 at 13:33
Chancellor George Osborne has announced an addition 1% cut in corporation tax in April 2014.
The 1% cut announced today in the Autumn Statement means that businesses will pay 21% from 2014, the lowest rate for any Western economy, Osborne claimed.
The cut means the rate will be reduced from 24% to 23% in April 2013 and then 21% in April 2014.
'Britain is open for business,' Osborne said. ‘It’s a great advert for our country.'
News sponsored by:
Click here to watch a series of sponsored interviews with Jupiter's fund managers on the UK equity market.
Today's top headlines
More about this article:
by William Robins on Apr 17, 2014 at 12:21