Speed Read: Even though companies and other business entities do not get a vote and business leaders only get one vote each, as to be expected, business tax matters have attracted the attention of all three major parties in their election campaigning. The proposed measures cover everything from rates of corporation tax and national insurance contributions to tax avoidance. A key proposal from the Conservatives is to cut the headline rate of corporation tax from 28% to 25% and the small companies' rate to 20%. Tax experts will not be surprised to learn that many of the proposals lack substantive detail.
