Nadhim Zahawi’s corporation tax review raises more questions than answers - short news
The UK suffers from poor productivity and lacks investment, something Rishi Sunak’s planned tax rise aimed to address
Nadhim Zahawi’s musings on business taxes may become irrelevant at any moment, but this week’s chancellor of the exchequer arrived with an idea to kick around: delay, reform or simply cancel his predecessor’s hike in corporation tax from 19% to 25%, due to take effect from next April.
That, at least, seemed to be the meaning of Zahawi’s many references..
source: The Guardian - 06.07.2022