UK to hike corporate tax to 25% from 19% in 2023

Britain will raise its corporation tax on the biggest and most profitable companies to 25% from 19% from 2023, the first hike in nearly half a century, but it will temper the burden with a “super deduction” to spur investment.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/30hjOEt