Budget 2013 Corporation Tax
Published / Last Updated on 12/03/2014
Budget 2013 Corporation Tax
Corporation Tax cuts will continue
- 10% Corporation Tax Relief on research and development
- 20% Corporation Tax Small Companies Rate remains
- 10% Corporation Tax on Patent developments (encouraging entrepreneurs to develop and register products and patents in UK)
Addition tax reduction for larger companies
- April 2015 - 20% Corporation Tax for larger companies also
Brilliant news, a flat rate of corporaytion tax for all companies. This will encourage larger corporations to come to the UK.