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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.

Labour to raise corporation tax to 26%
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  • Maja Garaca Djurdjevic
  • November 22, 2019
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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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