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By David Hanson MP / Latest News / 0 Comments

Treasury Questions: Corporation Tax

One of the justifications for the corporation tax cut was that businesses would pass it on to workers through the increase in the living wage. Evidence is now emerging that some companies intend to pocket the tax cut and squeeze conditions for their employees.

Yesterday, I asked the Financial Secretary to the Treasury what measures the Government were taking to ensure that businesses are passing on the savings from the cut in corporation tax by paying their staff the legally required living wage.

The Minister talked a good talk, but was unable to outline any policies that the Government were formulating to bring about an end to unscrupulous employers who were not paying the living wage.