For immediate release
Responding to a possible rise in corporation tax in the March budget, John O’Connell, chief executive of the TaxPayers' Alliance, said:
“You couldn’t pick a worse time to be whacking up business taxes.
“With the economy on its knees and millions facing unemployment, hammering Britain’s big employers would be madness. Taxpayers will never forgive Rishi if he wrecks the recovery before it’s even begun.
“Instead of raising corporation tax, the chancellor should slash the cost of hiring, boost pay packets and drive a wave of employment to get the economy moving again.”
TPA spokesmen are available for live and pre-recorded broadcast interviews via 07795 084 113 (no texts)
Media Campaign Manager, TaxPayers' Alliance
24-hour media hotline: 07795 084 113 (no texts)
Notes to editors:
Founded in 2004 by Matthew Elliott and Andrew Allum, the TaxPayers' Alliance (TPA) campaigns to reform taxes and public services, cut waste and speak up for British taxpayers. Find out more at www.taxpayersalliance.com.
TaxPayers' Alliance's advisory council.
The TaxPayers' Alliance has released 5 tax reforms to secure a recovery from coronavirus.
- TaxPayers’ Alliance polling data has shown that working class voters are more than twice as likely as professional voters to support cutting corporation tax to 12.5 per cent.