X

X

“An opportunity has been missed in not reducing corporation tax any further…”

Robert Gordon, CEO at Hitachi Capital:

“An opportunity has been missed in not reducing corporation tax any further in today’s Autumn Statement. Keeping the current rate to 17% by 2020 is an admirable target but it should have been lowered further to ensure a significant boost for companies and a reminder that Britain is open for business following the Brexit result. Our recent research with the CEBR revealed that nearly half (42%) of large British companies have cancelled or postponed investment plans due to Brexit, so a further cut in corporation tax could have been a step in the right direction by the new Chancellor.

“Now more than ever British businesses have to compete on a global stage for new trade opportunities and to secure investment, therefore it is only right that the taxes they pay reflect this new landscape.”

This Week’s Most Read

Latest IFA Magazine Podcast Episodes

Keep updated on the most important financial events 

Make sure you are an informed

wealth professional..

Adblock Blocker

We have detected that you are using

adblocking plugin in your browser. 

IFA Magazine