Corporation Tax

Part of Oral Answers to Questions — Treasury – in the House of Commons at 12:00 am on 18 July 2017.

Alert me about debates like this

Photo of Mel Stride Mel Stride Financial Secretary to the Treasury and Paymaster General 12:00, 18 July 2017

This is an important point. As the corporation tax rate has decreased to 19%—it will go down further to 17%—we have seen a 50% increase in the take, which is an amount in the order of £18 billion.