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An image of Rutton ViccajeeIn the second of this five part series, Rutton Viccajee explains the headlines from the Autumn Statement 2016. If you would like to know more about what the Chancellor has said (and Rutton’s analysis of why he said it), then read on…

 

Business tax

 

Corporation tax

 

The Government still plans to reduce corporation tax to 17% by 2020.

 

Rutton’s reaction

 

Don’t get too excited. It is good news for companies, and it is going down – but not yet. There’s a good few more years of grandstanding before we get to 17%.

The rate is 19% from April 2017 until March 2020.