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Corporation tax receipts are up 50% in seven years after rate cuts by David Cameron's government that Labour wants to scrap

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Corporation tax receipts are up 50% in seven years after rate cuts by David Cameron's government that Labour wants to scrap  Empty Corporation tax receipts are up 50% in seven years after rate cuts by David Cameron's government that Labour wants to scrap

Post by Guest Tue Nov 21, 2017 8:40 am

[*]Main rate of tax was cut from 28 per cent in 2010 and is now at 19 per cent
[*]Despite cut the amount of tax revenue taken in by the treasury has grown
[*]Businesses paid £38.5bn in 2010-11 and £55.1billion last year, figures show 
[*]Experts have urged government to press ahead with further cuts to rate 


Read more: http://www.dailymail.co.uk/news/article-5102393/Corporation-tax-receipts-50-seven-years.html#ixzz4z3OThnNt 
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