The first of April is traditionally a time when people can be spun a line, but this 1st April marked a tax saving that is not a hoax. The corporation tax rate has reduced slightly from 20% to 19% in line with plans which were publicised a while ago. With a further reduction in the pipeline to 17% in 2020 this may tip the balance for some self-employed professionals and businesses to revisit the question of incorporating.
Dick Haffenden
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