Corporation Tax: Northern Ireland

House of Lords written question – answered on 20th October 2014.

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Photo of Lord Lexden Lord Lexden Conservative

To ask Her Majesty’s Government when they intend to announce the outcome of their consultation exercise on the devolution of corporation tax rate setting powers to the Northern Ireland Assembly.

Photo of Baroness Randerson Baroness Randerson Lords Spokesperson (Northern Ireland Office), The Parliamentary Under-Secretary of State for Wales

In ‘Building a Prosperous and United Community the Government committed to make a decision on whether to devolve corporation tax powers to Northern Ireland no later than Autumn Statement 2014. Significant legislative and technical work has taken place to date and we remain on track to meet this timetable.

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