Skip to content

Johnson Bats Away Tax Cut Talk, Saying UK Must Be ‘Responsible’

Boris Johnson

Boris Johnson

Photographer: Hollie Adams/Bloomberg

Boris Johnson batted away UK media speculation that he supports rolling back a planned increase in corporation tax next year, saying his government needs to be “responsible” in its fiscal policy.

Asked whether the government still plans to raise the levy to 25% from 19% next spring, Johnson told reporters on Tuesday that it’s a matter for Chancellor of the Exchequer Rishi Sunak. While he didn’t deny that he might support a reduction, he also pointed to other measures the government has announced, including slashing fuel duty and raising the floor at which people begin paying national insurance, a payroll tax.