In the face of the deepest recession in modern times, Rishi Sunak has provided unprecedented economic support, at a cost of a budget deficit this year of well over £300bn and a rise in government debt to £2 trillion, Now he is looking for ways to begin the repair of the public finances in the two fiscal events planned for this autumn. Raising the rate of corporation tax and bringing the tax treatment of dividends and capital gains tax into line with income are options that are said to be under consideration.
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In the face of the deepest recession in modern times, Rishi Sunak has provided unprecedented economic support, at a cost of a budget deficit this year of well over £300bn and a rise in government debt to £2 trillion, Now he is looking for ways to begin the repair of the public finances in the two fiscal events planned for this autumn. Raising the rate of corporation tax and bringing the tax treatment of dividends and capital gains tax into line with income are options that are said to be under consideration.
If you are not a subscriber, subscribe now to read this content.
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