Expected cut to an already low rate did not happen.

Since 2010 the government has cut the headline rate of CT from 28% to 19%, giving the UK the lowest headline rate in the G20.

The expected cut to corporation tax did not take place and to ‘provide support for vital public services while maintaining the UK’s competitive rate of CT, the government will legislate to retain the current 19% rate in April 2020’.

The charge to CT and the main rate will also be set at 19% for the financial year beginning 1 April 2021.

Article from ACCA In Practice