Submitted on Wednesday 17th August 2011
Published on Thursday 18th August 2011
Current status: Closed
Closed: Saturday 18th August 2012
Signatures: 4
Tagged with
Economy ~ Tax ~ UK ~ UK economy
Cutting corporation tax for SMEs will stimulate growth.
"It is well known that small firms are the engine room of the UK economy and the job creators in the country" Federation of Small Businesses Press Release July 23, 2010
We should have tax brackets for different sized companies phased in very gradually. Companies with a turn over less than £1 million should have a corporation tax of 12.5 - 15%. this would help create a vast amount of jobs and kick start the economy.
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