TaxPayers' Alliance welcomes Osborne's plan to cut Corporation Tax

July 04, 2016 9:10 AM

Responding to Mr Osborne's interview with the Financial Times where he reveals his plans to cut Corporation Tax, Jonathan Isaby, Chief Executive of the TaxPayers' Alliance, said:

"The Chancellor is absolutely right to be considering a big cut to Corporation Tax, as it would show that the UK is ready to seize new opportunities in the global economy. But Mr Osborne must be bold and cut the rate to 10% as soon as possible to really demonstrate that we are open for business, with competitive conditions to match our talented workforce. It's crucial that our politicians have a positive vision for British taxpayers outside the EU, and meaningful tax cuts to boost growth and prosperity are an excellent first step."

TPA spokesmen are available for live and pre-recorded broadcast interviews via 07795 084 113 (no texts).

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