Corporation Tax Slashed

Daily PostMarch 24, 2011

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Summary


BUSINESSES are to see corporation tax slashed to 23% as the Chancellor pledged to make Britain more attractive and stop international firms quitting the UK.

The tax rate will be cut in April by two percentage points from its current 28%, rather than the 1% reduction previously announced, and will fall by 1% in each of the next three years.

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Corporation Tax Slashed

The reduction will be offset by a poun...

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