How to retain the companies concerned after the referendum in favor of leaving the United Kingdom of the European Union (EU)? In an interview with Financial Times (FT), Sunday 3 July the British Finance Minister, George Osborne, says his country plans to go below the 15% corporate tax .
the great financier explains wish to set up a “super competitive economy” , with the decline more than 5 points – the tax rate is currently 20% – , which would make it the lowest among major economies, according to the FT. “We have to stay focused on the horizon and the road ahead and take advantage of the given situation” , argued the minister.
Read also: Brexit, the mad British week in five acts
Collapse of the book
the measure, which would reduce the gap with neighboring Ireland, where tax to 12.5% companies is an important factor of attractiveness, intervene when companies are considering leaving the UK because of the uncertainty about its future relationship with the EU.
the ballot of 23 June, in which the British had largely voted for the Brexit had caused a collapse of the pound against the dollar and a stock market earthquake worldwide. Financial markets have been largely reclaimed the lost ground, but companies are worried about the UK losing its access to the single market
Read also:. The currencies in a storm after Brexit
Several companies, including airlines easyJet and IAG, the parent of British Airways and the London network of real estate agents Foxtons, have issued profit warnings. Mr Osborne had already announced in March a decline of tax of 20% to 17% in 2020
Read also:. The Brexit and the future of London City
No comments:
Post a Comment