Corporation Tax
Northern Ireland
Vernon Coaker (Gedling, Labour)
To ask the Secretary of State for Northern Ireland what recent progress has been made by the Joint Ministerial Working Group on corporation tax.
Owen Paterson (Secretary of State, Northern Ireland; North Shropshire, Conservative)
Ministers from the UK Government and the Northern Ireland Executive attended the Ministerial Working Group on Rebalancing the Northern Ireland Economy in Belfast on
Good progress has been made on some aspects of the group's work, including the potential shape of a devolved corporation tax regime, but there remain some crucial areas where significant differences of opinion still exist, including on the potential costs to the Northern Ireland block grant.
Officials will continue to work over the summer to seek to resolve these differences and the Ministerial Working Group has agreed to meet again in September.