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Wild Fluctuations in Tax Incentives for Companies to Invest – A Mistake Akin to Abolishing the 10 Percent Income Tax Rate
While the Conservative – Liberal Democrat coalition have cut the headline rate of corporation tax in the UK since coming to power in 2010 their inconsistent approach to providing companies tax incentives to re-invest have resulted in wild fluctuations in companies’ tax bills during their time in power. Initially slashing incentives to re-invest resulted in […]