Corporation tax

'Corporation tax should be cut to 20% in 2012 Budget', says think-tank

The main rate of corporation tax should be cut to 20 per cent to boost business and economic growth, according to a report published by the Centre of Policy Studies (CPS).

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Finance Bill 2012: Draft legislation released

The Government has released the draft legislation for consultation ahead of the Finance Bill 2012.

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R&D tax reform could create 7,735 jobs

Reforms to Research and Development (R&D) Relief could create 7,735 new jobs, according to the manufacturing body EEF that is proposing the changes.

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HMRC opens civil disorder hotline

HM Revenue and Customs (HMRC) has set up a special helpline for those businesses affected by the riots that swept across several English cities.

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Corporation tax payment

Research tax breaks to boost innovation

More details have been released on proposed changes to some of the tax reliefs available for firms that invest in research and development, and in new products.

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Taxes still weigh heavily on businesses, says IoD

The real tax burdens on business are much heavier than just those imposed by corporation tax, the Institute of Directors (IoD) has said.

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HMRC announces single process for tax checks

HM Revenue and Customs (HMRC) has said that it is planning trials which will streamline and simplify the process under which tax compliance checks are conducted.

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