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Sunak Says U.K. Still Attractive For Business, Despite Tax Hike

From bnnbloomberg.ca

Chancellor Rishi Sunak said he’s confident the U.K. will remain an attractive place to do business after his plans to raise taxes on corporate profits were attacked by business groups and members of his own Conservative Party. Britain will still have one of the lowest corporation tax rates among Group of 20 nations, Sunak told the cross-party Treasury Committee on Thursday. Moreover, businesses would factor in the full range of taxes and reliefs, as well as skills, infrastructure and research and development incentives. “If you look at the shop window as a whole, there are lots of things in there, lots of goodies ... (full story)

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