Corporation tax

Corporation tax cuts likely to be phased in

Plans by the government to reduce the higher rate of corporation tax may well be phased in over a period of years.

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Emergency Budget should minimise tax rises, says CBI

In its submission to the Chancellor ahead of the emergency Budget, the CBI has called for the government to focus on spending cuts rather than tax increases as the best way to bring the public finance deficit under control.

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Corporation tax

Details of corporation tax rates and bands.

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Queen’s Speech confirms tax plans

The government used the Queen’s Speech to flag up measures aimed at reforming the tax system for both businesses and individuals in order to make it “fairer and simpler”.

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Chancellor planning long-term cuts in corporation tax

The Chancellor, George Osborne has pledged that the government will simplify the business tax system and will introduce a five-year plan to reduce corporation tax.

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A New Budget: 22 June 2010
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