BusinessBite live blog

Business taxes

Published: November 26, 2025 at 12:53 pm

Author: Jonathan Symcox

Reeves says she will retain the UK’s “competitive” corporation tax rate – the lowest in the G7 – and introduce a new 40% first-year allowance so businesses can write off more of the cost of their investment up front.

“Private investment is the lifeblood of economic growth… but growth needs public investment too.”

 

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