Big Firms Face Corporation Tax Hike To 25% in 2023 Following Budget 2021
Video Credit: HuffPost UK STUDIO - Duration: 01:41s - Published
Big Firms Face Corporation Tax Hike To 25% in 2023 Following Budget 2021
Rishi Sunak has announced a big tax hike for large companies which will have to pay 25% corporation tax from 2023, up from 19%.And the chancellor announced that he would freeze income tax thresholds from the same year, meaning plans to allow people to take home more of their pay have been shelved.