way too low. needs to be back at 35% or more especially big businesses. no wonder our country is in deep ****e, labour govt cut corp tax in the 90’s and it was a really bad move. competing countries have had a race to the bottom in terms of corporate taxes. employees tax and taxation on employing staff have both risen as a result.25% corp tax isnt helping too
More to come I'm afraid...My business insurance has gone thru the roof this year - nearly doubled !
I am backing off my cover. Be mainly public liability etc.More to come I'm afraid...
yeah pretty depressing, capitol gains allowance also dropping to 3k next year from a paltry 6k now.
Nearly set up a (edit)SASS as i thought id found the holy grail for saving corp tax but after spending allot of time looking into it and getting good financial advise, its really only worth the bother in a few limited circumstances. Especially pointless if you dont have kids.
They pretty much have it sown up, unless you start exploring "grey areas"