Business: Taxation
The question
To ask the Chancellor of the Exchequer, with reference to the Government’s Plan for Change, when she plans to publish her Department's business tax roadmap.
Answered by James Murray
The Government published the Corporate Tax Roadmap at Autumn Budget 2024. This roadmap confirms the major features of the Corporation Tax regime for the duration of this Parliament including a commitment to cap the rate of Corporation Tax at 25% for the duration of parliament and to retain full expensing and the £1 million Annual Investment Allowance. The roadmap reflects the particular importance of Corporation Tax to significant business investment decisions.
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