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Corporation tax will increase to 25% from 2023 | East London and West Essex Guardian Series

UK s £2 8TRILLION debt mountain amid grim figures

Chancellor Rishi Sunak unveiled a crucial Budget to pave way for the economy to recover from coronavirus The massive furlough scheme will be extended again to the end of September along with other bailouts Income tax thresholds are being frozen until 2026 and corporation tax will rise to 25 per cent from 2023  The government s total spending on response set to reach an unimaginable £407billion by end of next year  

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