PARLIAMENTARY WRITTEN QUESTION
Corporation Tax (19 December 2022)
Question Asked
To ask the Chancellor of the Exchequer, if he will publish the estimate of the cost to the public purse, including money spent IT systems and staff, of the decision to cancel the freeze in the rate of Corporation Tax announced on 23 September 2022 and to increase the rate to 25 per cent.
Asked by:
James Murray (Labour)
Asked by:
James Murray (Labour)
Answer
Estimates of the IT and administrative costs associated with the increase in the rate of Corporation Tax were set out in the tax information impact note (TIIN) published at Spring Budget 2021 when the rate increase was announced.
Answered by:
Victoria Atkins (Conservative)
9 January 2023
Answered by:
Victoria Atkins (Conservative)
9 January 2023
Contains Parliamentary information licensed under the Open Parliament Licence v3.0.