TAX WARNING

Eurosceptic Tories warn Boris Johnson must cut taxes now to supercharge Brexit Britain

EUROSCEPTIC Tories have told Boris Johnson he must cut taxes now to put booster rockets under Brexit.

Leading MPs said the PM was squandering his golden chance to make Britain the best place to work and do business.

Louis Wood - The Sun
Sir Iain Duncan Smith blasted Boris Johnson for clobbering firms and employees with record peacetime taxes

Sir Iain Duncan Smith blasted the Government for clobbering firms and employees with record peacetime tax whacks.

Corporation tax has been jacked up to 19 per cent while National Insurance rates have also shot up.

The ex-Conservative leader fumed the Treasury was “determined to destroy” the economy and even suggested it was “the enemy within”.

Former Cabinet Minister David Jones said ripping off Brussels’ red tape shackles meant we could become a low tax hub.

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He piled in: “It was Philip Hammond of all people who said post Brexit the UK and London in particular could become Singapore-on-Thames. 

“You’re not going to get Singapore-on-Thames if you have higher rates of taxation than your predecessors. 

“We should be looking aggressively at taxation to encourage investment to this country.”

Alexander Downer, Australia’s former High Commissioner to Britain, despaired: “Why on earth post Brexit have the British government said they’re going to increase the company tax rate. I just cannot understand that. I think it is completely foolish.”

The words came at the launch of The Centre for Brexit Policy paper written by MPs and experts, which attacks Remoaner civil servants said to be frustrating Brexit.

It says: “It has been clear for some time that Brexit policy has not enjoyed such support from many officials.

“Moreover, evidence has accumulated suggesting civil servants may not always be competent to carry out their responsibilities and that social mores and value judgements are interfering with getting the job done.”

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