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Lord Saatchi Asks Government To Axe Tax On Small Companies

  • The Drum, Tuesday, June 17, 2014 9:33 AM
Lord Saatchi is leading calls on the government to axe corporation tax on SMEs which employ fewer than 50 staff. The Saatchi & Saatchi founder is also urging that capital gains tax should not be charged on profits made from successful investments in such firms. He claims the move would allow smaller companies to compete better with large competitors, and would benefit everyone in the same way as the Right to Buy initiative of the 1980s.

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