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Reduced Corporation Tax For Us, Or Not?

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    #1

    Reduced Corporation Tax For Us, Or Not?

    Does anybody know if the Corporation tax rate cut applies to the Small profits rate as well as the main rate?

    I was quite happy earlier when hearing about the 2% cut, but now I'm not so sure...
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    #2
    1% cut into small companies rate to take it down to 20% - 2% refers to accelerated cuts to main rate for big companies, at best they'll get 23% so be grateful you only pay 20%.

    HTH

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