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Corporation tax

Budget 2011: main rate of corporation tax to be cut

There was good news for larger firms in the Chancellor's second Budget as he announced a further cut in corporation tax. As part of the Government's strategy for growth, Mr Osborne said that the main rate of corporation tax will be reduced by 2 per cent as from April 2011.

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New regulation date looms

Each year, the government introduces regulatory changes affecting businesses on two common commencement dates. These dates are 6 April and 1 October.

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Tax cuts needed to boost business

The Budget must contain the promise of tax cuts if the UK is to escape the perception that it is a high tax economy.

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Changes to tax aimed at helping smaller firms

The Office of Tax Simplification (OTS) has set out plans for easing the tax burden that many small enterprises face.

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Tax rates and allowances

An up-to-date, easy to view summary of all 2017/18 main tax rates, allowances, exemptions and available deductions. Also included are a range of benefits including the state pension.

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Next month to see major corporation tax changes

Firms are being reminded that significant changes to the corporation tax system come into effect next month.

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Action needed in Budget to boost business

The Chancellor must deliver a Budget aimed at job creation if the Government’s plans for a private sector-led recovery are not to founder, a leading business group has said.

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Corporation tax should fall further

The CBI has welcomed the Government’s pledge to introduce a phased reduction in corporation tax to just 24 per cent.

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Treasury should delay new accounts filing technology

The Government has been urged to put back the introduction of a new computer system for the submission of company accounts.

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