Current Affairs 2017 General Election

2017 general election

  • Lib Dems

    Votes: 24 6.5%
  • Labour

    Votes: 264 71.0%
  • Tories

    Votes: 41 11.0%
  • Cheese on the ballot paper

    Votes: 35 9.4%
  • SNP

    Votes: 4 1.1%
  • Plaid Cymru

    Votes: 4 1.1%

  • Total voters
    372
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;) @ToffeeTim you do realise that most companies are micro entities and as such will benefit from the small companies rate which will probably be 20/21%?
It will go back to the days of a sliding scale (used to be profits between 300k and 1.5 mil). This means more work for people working in tax, so pay rise for you mate.

Yeah but I definitely don't have faith in Corbyn to do so. Every corporation to him seems to be cut from same cloth.

Must say I enjoy the single main rate. Marginal relief calculations used to fry my head lol
 
One last thing about Corporation Tax.
It is not the true reflection of the tax burden in companies. Bear in mind Employers NI, which to all intents and purposes is a 13.8% tax on the employers levied on employees salaries. Similar applies to other countries, but not going to look them up.
 
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