The most important sector is one usually ignored. Small firms constitute 99 per cent of all business in the country.
Posts Tagged: Corporation Tax
Tom Clougherty: Unless Labour resorts to printing money, higher income tax, NI or VAT are coming – for the many, not the few
That’s a legitimate political agenda, and people are quite welcome to vote for it. But they deserve to know what’s coming.
Vague plans to “review” business rates, “clamp down” on late payments, or “reform” Entrepreneurs’ Relief will do little to inspire.
Who will their taxes really hit? How much will they truly raise? And can this really be described as a ‘moderate’ agenda?
The CBI provided the stage for the Prime Minister, but he treated them mean to keep a very different audience keen.
The PM says that £6bn saved by delaying cuts in corporation tax will be used to fund public services like the NHS.
We need an overhaul to meet both the immediate challenges posed by Brexit and to maintain our global position as other countries start catching us up.
John Penrose: The conventional wisdom is wrong. Hunt’s spending plans are neither unaffordable nor irresponsible.
Hammond and the Institute for Fiscal Studies are simply mistaken to suggest otherwise. It’s not as though we’re still living in 2010.
Hunt interview: “I’m clearly second-placed now to Boris, and ready to argue that we have better choices as a country than he is offering.”
He says he’s best placed to deliver Brexit, slash corporation tax and beat Corbyn. And adds “I am not going to criticise Boris for going to a posher public school than me.”
This is a contribution to the debate – now let’s see what the candidates offer during the week ahead.
Interview. Sharma – “Every foreign investor I met thought leaving the EU would present significantly more opportunities for bilateral trade.”
The Employment Minister embodies two reasons why the Government is still afloat – its jobs creation record and under-reported Ministerial loyalty.
The former Brexit Secretary warns of the danger that MPs will believe the Government has not even demanded the necessary concessions from Brussels.
In the second article of our mini-series, the Harlow MP calls for a relentless focus on the cost of living, a skills-based economy, social injustices and affordable housing.
Nevertheless, tax alone won’t solve our challenge. Instead we must reshape the high street experience – as we’re starting to do in the West Midlands.
Chloe Westley: In praise of the small business people I met, who help create the wealth which keeps public services going
During this Budget run-up, many of those I met raised business rates as a killer, plus council tax, the apprenticeship levy, parking charges and corporation tax, too.