Corporation Tax

(asked on 12th June 2018) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what assessment he has made of the potential merits of increasing the level of corporation tax to fund the NHS.


Answered by
Mel Stride Portrait
Mel Stride
Secretary of State for Work and Pensions
This question was answered on 20th June 2018

On 18 June, the Prime Minister set out that the NHS in England will receive an increase in funding over the next five years that equates to over £20 billion additional real terms funding a year by 2023-24.

We need to ensure we can sustainably fund our NHS and other public services in the future, and we can’t just pass on extra debt to the next generation.

So, as the Prime Minister set out on Monday, taxpayers will have to contribute a bit more in a fair and balanced way to support an NHS that we all use. The Chancellor will set out precisely how we do this in due course.

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