Tax Yields

Summary

To ask the Chancellor of the Exchequer, if he will make an estimate of the potential impact of reducing (a) corporation tax to 15 per cent, (b) income tax to 18 per cent and (c) capital gains tax to 10 per cent on annual tax receipts.

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Timeline

1. 14 June 2023

   Written question

   To ask the Chancellor of the Exchequer, if he will make an estimate of the potential impact of reducing (a) corporation tax to 15 per cent, (b) income tax to 18 per cent and (c) capital gains tax to 10 per cent on annual tax receipts.

   Source: Commons

2. 19 June 2023

   Answer

   Spring Budget 2023 delivers a package of measures that further strengthen the UK’s position as one of the most competitive major economies. The economic and fiscal impact of changes in tax policy are factored into the Office for Budget Responsibility’s fo...

   Source: Written answer

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• · Treasury · Answering body

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