The Corporation Tax (Northern Ireland) Act was enacted on 26 March 2015 to grant the power for the Northern Ireland Assembly to set the rate of corporation tax on trading profits of companies based in Northern Ireland.
It is likely that the rate of corporation tax will be reduced to a level similar to the 12.5 percent rate that currently applies in the Republic of Ireland; and the reduced rate is likely to commence on 1 April 2017.
‘Choose Northern Ireland – Key Tax Issues’ highlights they key issues that apply to businesses and individuals who live and work in Northern Ireland.
Download our PDF opposite for more.
KPMG has launched a state of the art digital platform that enhances your experience and provides improved access to our content and our people, whatever device you are on.