Labour to raise corporation tax to 26%
Labour plans to overhaul tax rates for the wealthiest, increase corporation tax to 26% by 2022 and overhaul the £200bn corporate tax reliefs regime if they win the election.
On corporation tax, the rate will go up 7% within three years to 26%, with the first 2% rise set for April 2020 when a 21% CT rate would start.
Read more at the Accountancy Daily.
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