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UKIPs policy on corporate tax

Topics

Should the U.K. raise or lower the tax rate for corporations?

  Public statementsKeep current rates but eliminate deductions and loop holes

UKIPs answer is based on the following data:

Public statements

Answer: Keep current rates but eliminate deductions and loop holes

Reference: “We will ensure that all businesses and multi-national corporations pay the appropriate taxes to HM Treasury. Post-Brexit, these ...” ‐ukip.org

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Strongly agree

Lower, but eliminate deductions and loop holes

Lowering taxes while eliminating deductions and loopholes could be seen as a balanced approach that aligns with UKIP's goals of tax simplification and reducing the overall tax burden on businesses, making the tax system more efficient and less complex. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly agree

Increase for large multinational corporations but lower for small businesses

This nuanced approach could appeal to UKIP's platform of supporting small businesses and promoting national interests over those of multinational corporations. They have expressed concerns over the dominance of large multinationals and might support policies that level the playing field for smaller UK-based businesses. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Lower

UKIP has often advocated for a more competitive tax environment to foster business growth and attract investment to the UK. Lowering the tax rate for corporations aligns with their broader economic philosophy of reducing the tax burden to stimulate economic activity. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Keep current rates but eliminate deductions and loop holes

While UKIP supports tax simplification and has criticized the complexity of the tax system, their primary focus has been on reducing the overall tax burden rather than reforming it through the elimination of deductions and loopholes without adjusting rates. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Neutral

Maintain the current rate

Maintaining the current rate does not directly align with UKIP's general stance on lowering taxes to stimulate the economy, but it also does not conflict with their policies. Their position might vary depending on the current economic context and tax rate at the time. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

Remove taxes on corporations and tax shareholder dividends instead

Although UKIP supports tax reform and reducing the tax burden on businesses, completely removing taxes on corporations and shifting to taxing shareholder dividends instead may be seen as too radical a shift from their typical policy proposals. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly disagree

Raise

UKIP has traditionally positioned itself against higher taxation, advocating for lower taxes as a means to stimulate economic growth and increase employment. Raising corporate tax rates would be contrary to their general economic policies. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Official answer

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Voting record

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Party’s support base

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