With Chancellor of the Exchequer George Osborne trying to balance an “Open for Business” agenda with claims that the UK is becoming a corporate tax haven, next week’s budget speech will dictate the continued direction of UK tax policy. Anti-avoidance measures to protect the tax base are sure to feature, but a further cut to the corporation tax rate is also a possibility.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
The OECD had previously missed a June 30 deadline to agree an MLC on amount A; in other news, UK corporation tax bills surged to a record high last year