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Economy

Corporation tax rise will deter foreign investment, says MacIntyre Hudson

It is suspected during the March budget Chancellor Rishi Sunak will raise corporation tax to pay off the estimated £400bn borrowed by the UK throughout the pandemic

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A rise in the headline rate of UK corporation tax could be the straw that “breaks the camel’s back” for any potential overseas investment, according to the head of corporate and international tax at MHA MacIntyre Hudson, Chris Denning. 

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