Dale Vince Backs Higher Business Tax

This is a news story, published by iNews (Indonesia), that relates primarily to Vince news.

Vince news

For more Vince news, you can click here:

more Vince news

News about inflation

For more inflation news, you can click here:

more inflation news

iNews (Indonesia) news

For more news from iNews (Indonesia), you can click here:

more news from iNews (Indonesia)

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about inflation, you might also like this article about

high business tax

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest less tax news, business tax news, news about inflation, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

corporation tax

iNews (Indonesia)

•

Labour's £5m donor Dale Vince pushes Reeves to hike corporation tax to 30 per cent

Summary

Nutrition label

68% Informative

Vince has donated more than 5 million to Labour , making him one of its largest recent sponsors.

Vince told i the current 25 per cent rate of business tax is too low.

Vince has submitted proposals to the Treasury calling for a pylon price cap’ to limit profits on the Distribution Network Operator and Gas Distribution Network.

Fuel duty has been frozen since 2011 , and the 5p cut brought in by the Conservatives in 2022 has been extended at every subsequent Budget .

Some analysts have suggested she could announce a 10p hike which would bring the rate to a record-high of 62.95p.

The Government has left the door open to changing the fiscal rules in the upcoming Budget .

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language