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But it's worse than that. Not only will corporate tax revenues for y/e 5th April 2021 be low because of Covid but those business that make losses will be relating those back to the previous year, so the government will have to pay out tax revenue they banked last year, which means more...

It was ridiculous when in 2015 George Osborne reduced Capital Gains Tax to 10% and 20% on non-residential property and 18% / 28% on residential property. This was a favour to his city mates and Tory Party donors who have shares, property and the like. Now that the country has a stack of...