Corporation Tax U-turn as Hunt is made Chancellor 

 

Prime Minister Liz Truss has made a U-turn on a controversial decision to cut Corporation Tax following her appointment today of Jeremy Hunt as the new Chancellor to replace sacked Kwasi Kwarteng.

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MiniBudget: Planned Corporation tax rise is scrapped 

 

As part of his ‘Growth Plan’ tax-cutting MiniBudget announced today the Chancellor has scrapped a planned rise in Corporation Tax.

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Budget 2020: Chancellor scraps 2% cut to Corporation Tax

Chancellor Rishi Sunak has scrapped a planned and long-awaited 2% cut in Corporation Tax to 17%.

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