Government explores next steps to clean up tobacco litter in England gov.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gov.uk Daily Mail and Mail on Sunday newspapers.
Sunak Gives Himself Scope to Increase U.K. Corporation Tax
Bloomberg 2/25/2021 Alex Morales
(Bloomberg) Chancellor of the Exchequer Rishi Sunak is giving himself scope to raise corporation tax in next week’s budget to help fund some of the massive spending Britain accrued during the pandemic, after a similar proposal from U.S. Treasury Secretary Janet Yellen.
The U.K. expects to keep business levies competitive with the other Group of Seven nations, two officials familiar with the matter said. At 19%, the domestic rate is the lowest in the G-7, with the U.S. the next most competitive at 21%. Yellen’s proposal to lift the U.S. rate to 28% gives the U.K. chancellor more room to maneuver, given rates in Canada, France, Germany, Italy and Japan are all above 25%.
Sunak gives himself scope to increase U K corporation tax lmtonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lmtonline.com Daily Mail and Mail on Sunday newspapers.
Press release: Promotions of unhealthy foods restricted from April 2022 — Agenparl agenparl.eu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agenparl.eu Daily Mail and Mail on Sunday newspapers.