Comment Re:Corporate & Business Tax cuts (Score 1) 106
Main rate CT is currently 28%, small companies rate is 21%. Marginal rate applies between 300k and 1,500k, though the thresholds depend on how many associated companies you have. The 24% rate won't be the lowest in the western world, though it will apparently be the lowest in the G20. The drop in CT rates is good, as is the drop in NI, though it's balanced by the drop in capital allowances from 20% to 18% for main pool expenditure and 10% to 8% for special rate pool expenditure.
Why yes, I do happen to be a a corporation tax adviser