Hammond promises rates reform… but details are scarce
Chancellor Philip Hammond promised to build the economy a "strong and stable platform" as he delivered details on how he intends to help businesses in the Spring Budget.
Hammond confirmed that Corporation Tax will fall to 19% from April and 17% by 2020 in a move that he said would send out a message that "Britain is open for business," and that he was "listening to the voice of business".
The Chancellor also announced a reduction is the red tape surrounding the R&D tax regime that will make the country "a global competitor".... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
