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Raise the main rate of Corporation Tax from 26% to 50%

Submitted on Saturday 6th August 2011

Published on Monday 15th August 2011

Current status: Closed

Closed: Wednesday 15th August 2012

Signatures: 3

Tagged with

income tax ~ Tax

Petition Action

Raise the main rate of Corporation Tax from 26% to 50%

Additional Information

We the undersigned petition the government to raise the main rate of Corporation Tax from the current figure of 26% to 50% which brings it in line the Additional Rate of Income Tax. It makes little sense in a time of wage stagnation and when we are trying to pay off a deficit to merely raise VAT while cutting taxes on corporate profits.


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