A Strong Voice for Croydon Central - Gavin Barwell MP
Home
News
Help me
Campaigns
About Me
Expenses
Contact me

Three tax changes that tell you a lot about the values of this Government
01/04/2015 07:36:00

Today three tax changes come into effect that tell you a lot about the values of this Government.

The rate of Corporation Tax is being cut from 21% to 20%, one of the lowest rates of any major economy in the world (when we came to power in 2010 it was 28%). We want to help existing businesses to grow and create new jobs as well as encouraging new firms to locate here. Remarkably Ed Balls has confirmed that if he is Chancellor after the Election he will reverse this cut. The Centre for Policy Studies estimates that this could cost nearly 100,000 jobs.

But as well as believing in low taxes, we are also passionate about ensuring businesses pay their fair share.

That's why today we're introducing a diverted profits tax to tackle those firms who send profits abroad to avoid paying their dues.

And it's why we're increasing the annual levy on the banks. Now that they're doing better, it's right that they make a bigger contribution to fixing the mess they helped to cause.

Low taxes, but fair taxes - that's the Conservative approach.

Comment on this blog

 

 

 More Blog Posts
23/03/2017
Reflections on yesterday's attack
  Read Story
15/03/2017
IVF services in Croydon
  Read Story
02/03/2017
Government backs upgrade of London to Brighton railway and refuses to fund BML2 concept that would be bad news for Addiscombe in particular
  Read Story
27/02/2017
Spot the difference
  Read Story
21/02/2017
Second interim report on Croydon tram crash
  Read Story
07/02/2017
Fixing our broken housing market.
  Read Story
02/02/2017
Government provides £14m for refurbishment of Fairfield Halls and redevelopment of College Green.
  Read Story
02/02/2017
Southern Rail latest update
  Read Story
31/01/2017
How I will vote on the EU (Notification of Withdrawal) Bill
  Read Story
30/01/2017
Reaction to Donald Trump's Executive Order on entry to the US
  Read Story

Full list of blog posts here

     
Gavin Barwell, House of Commons, SW1A 1AA, Tel  020 8660 0491      © Gavin Barwell  2017       Promoted by Ian Parker on behalf of Gavin Barwell, both at 36 Brighton Road, Purley, CR8 2LG