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UK Economy - Will the rise in corporation tax hurt the UK economy?

Geoff Riley

26th April 2023

The UK government has increased corporation tax from 19% to 25% from April 2023. This is the first increase in corporation tax in over a decade. The government has said that the increase is necessary to raise revenue to fund public services. But will it have damaging effects on the UK macroeconomic performance? This short revision video looks at some of the arguments of an important fiscal policy decision.

UK Economy - Will the rise in corporation tax hurt the UK economy?

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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