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Hike corporation tax to cut business rates, urge retail bosses

Retail bosses will call for the Treasury to increase corporation tax in order to cut business rates by £6bn.

Hike corporation tax to cut business rates, urge retail bosses
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tax to cut business rates
  • Shared by Small Business
  • February 07, 2020
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A sub-committee of the Retail Sector Council is reportedly calling for the Treasury to raise corporation tax by 2 per cent to 23 per cent to raise around £6bn a year by 2022/23. Other proposals cover VAT reform and tax and property cost transparency.

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