UK budget offsets corporate tax burden with 'super deduction'

Danish Mehboob

March 03 2021

Sunak cuts fuel duty, but avoids the bigger picture

The UK government has set out plans to increase the corporate tax rate from 19% to 25% in 2023, however, the budget also includes a historic 130% 'super deduction' to boost investment.

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Danish Mehboob

Senior Reporter ITR

Danish reports on all matters of direct tax and BEPS. He covers a range of tax issues in these areas and what multinationals are doing to manage the tax burdens. Danish also specialises in tax technology and data management.

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