Visitors Now:
Total Visits:
Total Stories:
Profile image
By Mark Wadsworth blog
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Outbreak of commonsense in the tax world…

Monday, November 7, 2016 5:46
% of readers think this story is Fact. Add your two cents.

(Before It's News)

From City AM:

British businesses do not want further corporation tax cuts for fear of alienating the general public.

The consensus opinion across the UK's companies is that corporation tax is not a “defining feature of tax policy”. This means that the benefits of a cut are outweighed by negative publicity attached to business’ role in the tax system, according to a study prepared by accountants PwC…

“There comes a point when rate cuts have diminishing impact and can send unhelpful messages about business' contribution, even though corporation tax is just one of the taxes business bears. Businesses think there should be more focus on the taxes that generate the most revenue such as national insurance and VAT,” said Nicholson.

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.