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U.K. Treasury Wants Massive Corporate Tax Cut - Nairaland / General - Nairaland

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U.K. Treasury Wants Massive Corporate Tax Cut by kokolinxum: 1:13pm On Jul 04, 2016
Desperation's times call for desperate
measures. U.K. Treasury chief George Osborne says he wants to take an ax to the country's corporation tax to boost investment in the aftermath of the Brexit vote. Osborne said in an interview with the Financial Times he plans to cut the tax rate to below 15% from its current level of 20%

to show Britain is still "open for business."
The recent vote to leave the European Union has plunged the U.K. economy into uncertainty and thrown the government's financial plans into disarray. Osborne was forced last week to abandon a long-held goal of producing a budget surplus by
2020. "The referendum result is.......(continue reading here >>> http://www.suretunez.com/2016/07/uk-treasury-wants-massive-corporate-tax.html?m=1

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