• Totally agree. I'm not an expert in the slightest, but I think it's a bit simplistic to think that cutting tax immediately frees up capital which will automatically be re-invested and pay dividends.

    But I do think reducing CT makes sense. The gradual drop has made it less economically viable for SMEs to avoid tax, because the cost of avoiding is so close to the cost of the tax. What frustrates everyone is the tiny amount of tax large companies pay, but I don't understand how you tackle that without disadvantaging the UK economy.

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