Corporation Tax

(asked on 2nd September 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether he has any plans to reduce corporation tax.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 9th September 2019

Since 2010 the Government has successively reduced the UK Corporation Tax rate to support businesses both large and small. Now at 19% the UK Corporation Tax is currently the lowest in the G20. In April 2020 the Government will reduce the UK Corporation tax rate further to 17%.

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