UK PM May to reduce corporate tax to 17% by 2020 - Reuters
|According to a recent article by The Telegraph newspaper, British Prime Minister Theresa May will commit to wiping out the deficit by the middle of the next decade, allowing for greater borrowing to support the economy in the run-up to Brexit, as per Reuters reports.
Key highlights (via Reuters):
- May to pledge that corporation tax will fall to 17pc by 2020 - The Telegraph
- May to propose extra charges for businesses who employ non-EU migrants and higher charges for migrants who use the health service - BBC political reporter
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