David Gauke

@DavidGauke ↗

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Last Checked May 11, 2021

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Sat Mar 06 11:58:41 +0000 2021

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David Gauke @DavidGauke

But assuming that there is scope of cuts in business taxes, would the Chancellor choose the CT rate? Again, I'm sceptical. Politically, the most popular business tax to cut would be business rates (although Treasury officials will be sceptical about the economic benefits). /5 — PolitiTweet.org

Posted March 6, 2021

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David Gauke @DavidGauke

And, even if there is a better than expected economic performance, will there be scope for tax cuts? The pressures on public spending will be immense. From a Treasury perspective, maintaining current spending plans looks to be ambitious. /4 https://t.co/hh8W2MrtTf — PolitiTweet.org

This from @OBR_UK is spot on. Spending plans from 2022 include precisely nothing for dealing with additional pressu… https://t.co/wdiDqZC15b

Posted March 6, 2021

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David Gauke @DavidGauke

If the Chancellor does decide to focus on corporation tax, the more likely option for him would be to extend the super-deduction - currently in place for 2 years. This is a policy with which Rishi Sunak is associated. /6 — PolitiTweet.org

Posted March 6, 2021