Been ho-ha following the debates around the British search for a new
Tory Prime Minister. Was finding the back and forth on corporate taxes
a little bizarre: one would hike, the next would bring it down to 15%.
Premier Johnson had asked Mr sunak to reduce it, and he had refused!?
Seemed a bit all-over-the-place as a serious electoral concern; so I googled
it.
And there we have it: the current tax stands at 19% for all, but as of April 2023,
it will rise to somewhere between 19% and 25% depending on the size of the
company's 'profits'. The measure was introduced under Mr Sunak and...
It's complicated!!
https://www.moore.co.uk/news-views/march-2022/what-is-the-corporation-tax-increase-from-apri-(1)
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