Tory corporation tax plans become clearer

Damon

This is good policy and is to be commended.

johnfaganwilliams

Spotted at last! A sensible definite policy that we can all sign up to and which will give UK plc a competitive edge. C'mon Dave get it on.

luke

Borrowing to pay for it or putting taxes up elsewhere?

Its only really going to be stimulative if its not paid for by jacking up personal taxation or other forms of taxation like road pricing or the like

Publius

@Luke
"Borrowing to pay for it or putting taxes up elsewhere?"

--But Luke, you seem to be forgetting the masterful Labour tactic: print the money, lend it to yourself, and then use it to fund your pet projects and to bribe your client-state voters. You see, after all, money does grow on trees (if you're Gordon Brown).

Chris

Luke - you are wrong - surely incentivising companies to invest in jobs in this country will get people off benefits. They will then pay taxation on their income (albeit reduced by increased personal taxation) rather than being a drain on the public purse.

This is a good news.

Verity

What do they plan to do about immigration from the Third World, Islamic aggression in Britain and related problems?

What do they plan to do about the monster, bloated public sector?

What do they plan to do about the welfare system whereby some immigrant from some daft backward country comes to Britain, has eight children in quick succession and is housed in a £6,000 a month house at the expense of British people who go out to work and didn't invite her?

Do they plan to stop any further building of minarets or mosques?

Dave avoids the issues that people want addressed.

Irene

Any chance of Labour nicking it in some form?

Edmund Jerk

Ah, sweet tax-cuts! Music to my -Gladstonian- ears! One more reason to vote Tory!

MGR

Brilliant. It will double the corporation-tax take in a year as companies rush to become UK taxpayers.

Laban Tall

Corporation tax down to 20%.

VAT up to 20%.

Simples !

A Dilbert

Whilst I am all in favour of lowering the tax burden I really wouldn't start from here. We have spent far too long dancing to the tune of large corporates who have become adept at minimising their Corporation Tax liabilities. Whilst lowering CT may improve profitability it will lead to a 'jobless' recovery, if that is a recovery at all.
The only way to put his country back on its feet is through the dynamism and reward of individual effort, something that is totally lost on the current government and I fear the new breed of management consultant Tories too.
My preference? Abolish employer's NI for the first 10 employees. This won't make any difference to the big boys but just stand back and watch small companies flourish, creating tax revenue and employment in their wake. That presupposes that this is the aim of the policy rather than to ingratiate yourself with organisations likely to provide a non executive directorship.

General Zod

The interesting thing about the loonies on CH is that they can never address policies such as this; one of the most important proposed so far by the Tories and one that would have a very significant positive effect on the economy.

No, instead, the loonies post more drivel about immigration in this thread.

The loonies don't actually care a fig for the country's economy. They just want to get rid of the immigrants and get out of Europe.

Well, it's just one loony in this thread. The rest didn't even look because it is a serious thread about tax policy.

General Zod

I'm not sure I agree with you, Dilbert.

If we have the lowest corporation tax in Europe, without any Brownesque stealth taxes to make up (or more than make up) the difference, then that, combined with our employment laws, should make the UK a vastly more attractive European base than any other Member State.

Now that the argument about not being in the Eurozone has been shown to be baseless, we have all to play for.

Laban Tall

General Zod - I think Dilbert is addressing the fear of a jobless recovery with his proposals on employer NI. I think it's a good idea.

Richard Manns

Oh thank God; it's good to hear the Tories being Tory again.

General Zod

Laban, the NI proposal is a good one. It will certainly help to avoid a jobless recovery. The corporation tax move will have a major role to play in doing the same.

Clive

Why is it necessary to cut corporation tax when with the exception of Holland corporation tax here is the lowest of the major European countries?
Feed the rich and fleece the poor?

Neil

I love this, about effin time