There had previously been calls to cut the corporation tax rate in Northern Ireland in the hope of becoming more competitive as a place to invest. As part of the Government’s recent Safeguarding the Union command paper, there is a commitment to work urgently to devolve corporation tax powers to Stormont. File pic of People Before Profit MLA Gerry Carroll (PA)People Before Profit MLA Gerry Carroll questioned Mr Murphy on his view on cutting corporation tax at the Assembly on Monday. Mr Murphy responded telling MLAs that it is “not something we’re rushing into”. Many workers and their families are denied a decent standard of living,” Mr Murphy told MLAs.

Source: The Herald February 19, 2024 17:49 UTC