 "The Birmingham Post (England)")
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Big incentive from cut in headline rate; CORPORATION TAX.
The Birmingham Post (England)
; The Chancellor unveiled a range of incentives for business yesterday, the most significant of which was a 1p cut in the headline rate of corporation tax to 30p. And he announced a new instalments system for paying it, plus a commitment to abolish advance corporation tax from next April. Business
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COMMENT: Why Brown needs to rethink corporation tax
The Independent - London
; Britain now has the lowest rate of corporation tax of any of our main competitors, and, at just 31 per cent, the lowest rate ever in the UK, Gordon Brown proudly announced in his Budget speech. That was quite a boast for a Labour Chancellor to be able to make, and he did so in the context of a
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 "Coventry Evening Telegraph (England)")
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BUSINESS life: Taxman may have to return pounds 1billion in corporation tax.(Business)
Coventry Evening Telegraph (England)
; THE Inland Revenue has lost another major court case which could see it having to repay an estimated pounds 1 billion in advance corporation tax. The recent High Court case ruled against the Inland Revenue and upheld a claim by Deutsche Morgan Grenfell for refunds on tax payments made by them in
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 "Western Mail (Cardiff, Wales)")
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Corporation tax cut 'could create 16,000 Welsh jobs'.(News)
Western Mail (Cardiff, Wales)
; Byline: By MARTIN SHIPTON Western Mail An academic study has estimated that if corporation tax was cut by 10%, more than 16,000 jobs would be created. The study, reported in the latest issue of the Institute of Welsh Affairs' journal Agenda, is based on what happened in Ireland when the corporation
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Firms welcome cut in corporation tax
Yorkshire Post
; ... will also be at its lowest level for more than 30 years, having been as high as 52p in the early 1970s. This was coupled with news that capital allowances for firms are to be "modernised". Dion Windelincx of accountants KPMG in Leeds, said of the corporation ...
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