The UK’s International Tax Competitiveness 2022 Update
Think tank: Centre for Policy Studies
Author(s): Tom Clougherty
October 18, 2022
This report from UK think tank the Centre for Policy Studies uses fresh Tax Foundation calculations to show that the UK will fall in competitiveness.
A new briefing note by Tom Clougherty, Research Director and Head of Tax at the Centre for Policy Studies, uses fresh Tax Foundation calculations to show that the UK will fall to 33rd of 38 in the overall rankings thanks to increases to corporation tax and the expiration of the super-deduction. This includes a fall of 23 places in the competitiveness of our corporate tax regime. However, we retain the most attractive set of cross-border tax rules in the OECD.